The Gym Group (LON:GYM) Upgraded at Shore Capital Group

Shore Capital Group upgraded shares of The Gym Group (LON:GYM) to a buy rating in a report issued on Wednesday, MarketBeat.com reports. They currently have GBX 280 price objective on the stock.

Several other research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 230 price target on shares of The Gym Group in a research note on Friday, September 4th. Berenberg Bank lifted their price objective on shares of The Gym Group from GBX 255 to GBX 295 and gave the company a “buy” rating in a research note on Friday, August 14th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 250 price objective on shares of The Gym Group in a report on Wednesday. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 251.

The Gym Group Trading Down 0.3%

LON:GYM opened at GBX 198 on Wednesday. The stock’s 50 day moving average price is GBX 204.17 and its 200 day moving average price is GBX 192.45. The Gym Group has a 52 week low of GBX 131.20 and a 52 week high of GBX 220. The company has a market capitalization of £343.07 million, a P/E ratio of 49.50, a P/E/G ratio of -12.95 and a beta of 0.83. The company has a debt-to-equity ratio of 293.82, a quick ratio of 0.27 and a current ratio of 0.17.

The Gym Group (LON:GYM) last issued its quarterly earnings data on Wednesday, September 9th. The company reported GBX 3.10 earnings per share for the quarter. The Gym Group had a net margin of 3.27% and a return on equity of 5.95%. On average, research analysts forecast that The Gym Group will post 0.2851177 EPS for the current fiscal year.

About The Gym Group

The Gym Group plc, together with its subsidiaries, operates a network of gym facilities under the Gym Group brand name in the United Kingdom. The company was founded in 2007 and is based in Croydon, the United Kingdom.