The Gym Group (LON:GYM) Price Target Raised to GBX 295 at Berenberg Bank

The Gym Group (LON:GYM) had its price target boosted by analysts at Berenberg Bank from GBX 255 to GBX 295 in a research note issued to investors on Friday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 42.17% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Shore Capital Group reaffirmed a “buy” rating and set a GBX 280 target price on shares of The Gym Group in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 230 price target on shares of The Gym Group in a research note on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, The Gym Group currently has a consensus rating of “Buy” and an average price target of GBX 237.

The Gym Group Price Performance

GYM stock opened at GBX 207.50 on Friday. The stock has a market cap of £360.89 million, a price-to-earnings ratio of 51.88, a P/E/G ratio of -12.95 and a beta of 0.84. The company has a debt-to-equity ratio of 289.13, a current ratio of 0.15 and a quick ratio of 0.27. The company has a 50 day simple moving average of GBX 207.33 and a 200 day simple moving average of GBX 188.53. The Gym Group has a 1 year low of GBX 131.20 and a 1 year high of GBX 220.

The Gym Group Company Profile

The Gym Group plc, together with its subsidiaries, operates a network of gym facilities under the Gym Group brand name in the United Kingdom. The company was founded in 2007 and is based in Croydon, the United Kingdom.