GYM Group PLC’s (GYM) Buy Rating Reaffirmed at Berenberg Bank
Berenberg Bank restated their buy rating on shares of GYM Group PLC (LON:GYM) in a research note issued to investors on Friday morning. Berenberg Bank currently has a GBX 300 ($3.92) price objective on the stock.
Several other equities research analysts have also recently commented on the stock. Numis Securities Ltd reiterated a buy rating and issued a GBX 275 ($3.59) price target on shares of GYM Group PLC in a research report on Wednesday, August 31st. Peel Hunt reiterated a buy rating and issued a GBX 300 ($3.92) price target on shares of GYM Group PLC in a research report on Wednesday, August 31st.
GYM Group PLC (LON:GYM) traded up 1.19% during midday trading on Friday, hitting GBX 184.42. 130,907 shares of the company traded hands. The company’s market cap is GBX 236.25 million. GYM Group PLC has a 12-month low of GBX 179.75 and a 12-month high of GBX 280.00. The stock has a 50 day moving average price of GBX 207.46 and a 200-day moving average price of GBX 224.86.
The business also recently disclosed a dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 8th were issued a dividend of GBX 0.25 ($0.00) per share. The ex-dividend date was Thursday, September 8th. This represents a yield of 0.12%.
In other GYM Group PLC news, insider Gilbert,Paul sold 332,713 shares of the business’s stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of GBX 210 ($2.74), for a total transaction of £698,697.30 ($912,018.40).
About GYM Group PLC
The Gym Group plc, formerly The Gym Group Holdings Limited, provides health and fitness facilities. The Company offers gym memberships across the United Kingdom. The Company’s gym is equipped with over 170 equipment stations on an average. It offers memberships online. The Company operates over 70 gyms across the United Kingdom that are open around the clock.
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