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

The Rank Group (LON:RNK) was downgraded by stock analysts at Deutsche Bank Aktiengesellschaft to a “hold” rating in a research report issued on Friday,Digital Look reports. They currently have a GBX 104 target price on the stock, down from their prior target price of GBX 163. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 9.88% from the company’s previous close.

Several other brokerages also recently issued reports on RNK. Shore Capital reiterated a “house stock” rating on shares of The Rank Group in a research report on Tuesday, November 11th. Peel Hunt reiterated a “buy” rating and set a GBX 200 price target on shares of The Rank Group in a research report on Wednesday, October 15th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 152.

The Rank Group Trading Down 3.8%

Shares of LON:RNK opened at GBX 94.65 on Friday. The Rank Group has a fifty-two week low of GBX 75 and a fifty-two week high of GBX 166.20. The company has a quick ratio of 0.65, a current ratio of 0.47 and a debt-to-equity ratio of 58.20. The company has a market cap of £443.37 million, a PE ratio of 9.96, a P/E/G ratio of 1.75 and a beta of 2.48. The company’s 50-day moving average price is GBX 103.34 and its 200 day moving average price is GBX 124.81.

The Rank Group Company Profile

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.