The Rank Group (LON:RNK) Upgraded to Hold at Deutsche Bank Aktiengesellschaft

The Rank Group (LON:RNK) was upgraded by Deutsche Bank Aktiengesellschaft to a “hold” rating in a research report issued to clients and investors on Thursday,London Stock Exchange reports. The firm currently has a GBX 106 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential downside of 1.85% from the stock’s current price.

The Rank Group Stock Performance

Shares of RNK stock opened at GBX 108 on Thursday. The company has a market capitalization of £505.90 million, a P/E ratio of 13.17, a P/E/G ratio of 1.75 and a beta of 1.62. The business’s 50 day moving average is GBX 92.11 and its two-hundred day moving average is GBX 103.58. The company has a current ratio of 0.45, a quick ratio of 0.65 and a debt-to-equity ratio of 104.68. The Rank Group has a 12-month low of GBX 81.30 and a 12-month high of GBX 166.20.

The Rank Group (LON:RNK) last issued its quarterly earnings results on Thursday, January 29th. The company reported GBX 5.60 earnings per share (EPS) for the quarter. The Rank Group had a return on equity of 9.03% and a net margin of 4.20%. Analysts expect that The Rank Group will post 7.5021608 EPS for the current fiscal year.

Insider Transactions at The Rank Group

In other The Rank Group news, insider John H. Ott purchased 19,691 shares of the stock in a transaction on Tuesday, February 3rd. The shares were bought at an average price of GBX 90 per share, for a total transaction of £17,721.90. Corporate insiders own 0.51% of the company’s stock.

About The Rank Group

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today’s gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group’s story is one of iconic brands and talented people with a mission to entertain.