GYM Group PLC (GYM) Receives GBX 299.33 Consensus Price Target from Analysts
GYM Group PLC (LON:GYM) has been assigned an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 299.33 ($3.91).
Several brokerages recently commented on GYM. Peel Hunt reissued a “buy” rating on shares of GYM Group in a report on Friday, April 12th. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 320 ($4.18) target price on shares of GYM Group in a research note on Wednesday, May 1st. Numis Securities reaffirmed a “buy” rating and set a GBX 313 ($4.09) target price on shares of GYM Group in a research note on Wednesday. Liberum Capital reaffirmed a “buy” rating on shares of GYM Group in a research note on Tuesday, March 19th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of GYM Group in a research note on Thursday, April 11th.
In other GYM Group news, insider Richard Darwin sold 11,080 shares of GYM Group stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of GBX 222 ($2.90), for a total transaction of £24,597.60 ($32,141.12).
The firm also recently announced a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 23rd will be paid a dividend of GBX 0.95 ($0.01) per share. This represents a yield of 0.45%. The ex-dividend date is Thursday, May 23rd. This is a boost from GYM Group’s previous dividend of $0.35. GYM Group’s payout ratio is 0.19%.
About GYM Group
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.
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