GYM Group (GYM) Receives “Buy” Rating from Peel Hunt
Peel Hunt restated their buy rating on shares of GYM Group (LON:GYM) in a research report sent to investors on Friday morning, ThisIsMoney.Co.Uk reports.
GYM has been the subject of several other research reports. Berenberg Bank reaffirmed a buy rating on shares of GYM Group in a research note on Thursday, April 11th. Numis Securities reaffirmed a buy rating and issued a GBX 313 ($4.09) price objective on shares of GYM Group in a research note on Tuesday, March 19th. Liberum Capital reaffirmed a buy rating on shares of GYM Group in a research note on Tuesday, March 19th. Barclays downgraded GYM Group to an equal weight rating and lowered their price objective for the company from GBX 380 ($4.97) to GBX 265 ($3.46) in a research note on Thursday, January 10th. Finally, Royal Bank of Canada lowered their price objective on GYM Group from GBX 350 ($4.57) to GBX 320 ($4.18) and set an outperform rating for the company in a research note on Wednesday, January 16th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of GBX 319.67 ($4.18).
Shares of GYM opened at GBX 225 ($2.94) on Friday. The company has a debt-to-equity ratio of 32.14, a current ratio of 0.27 and a quick ratio of 0.08. The stock has a market cap of $310.01 million and a PE ratio of 42.45. GYM Group has a fifty-two week low of GBX 185 ($2.42) and a fifty-two week high of GBX 344.50 ($4.50).
In other news, insider Richard Darwin sold 11,080 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of GBX 222 ($2.90), for a total value of £24,597.60 ($32,141.12).
GYM Group Company Profile
The Gym Group plc operates health and fitness facilities in the United Kingdom. As of March 19, 2019, it operated 160 gyms. The company was founded in 2007 and is based in Croydon, the United Kingdom.
Further Reading: The risks of owning bonds
Receive News & Ratings for GYM Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GYM Group and related companies with MarketBeat.com's FREE daily email newsletter.