Royal Bank Of Canada Boosts The Gym Group (LON:GYM) Price Target to GBX 210

Key Points

• Royal Bank of Canada raised The Gym Group’s price target from GBX 205 to GBX 210 while maintaining an “outperform” rating, implying 10.53% potential upside from the previous close.
• Analyst sentiment remains positive: five analysts rate the stock a Buy, with a consensus target price of GBX 253. Recent targets range from GBX 230 to GBX 300.
• The shares opened at GBX 190, with a market capitalization of approximately £329.2 million and a 52-week range of GBX 131.20 to GBX 220. The company reported quarterly EPS of GBX 3.10 and a 3.27% net margin.

The Gym Group (LON:GYM - Get Free Report) had its target price hoisted by Royal Bank Of Canada from GBX 205 to GBX 210 in a report released on Tuesday, Digital Look reports. The brokerage currently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective would indicate a potential upside of 10.53% from the stock's previous close.

Several other equities research analysts have also recently weighed in on GYM. Berenberg Bank increased their price target on The Gym Group from GBX 295 to GBX 300 and gave the company a "buy" rating in a research note on Friday, September 18th. Jefferies Financial Group reissued a "buy" rating and set a GBX 250 target price on shares of The Gym Group in a research report on Wednesday, September 9th. Shore Capital Group restated a "buy" rating and set a GBX 275 price target on shares of The Gym Group in a report on Thursday, September 17th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 230 price target on shares of The Gym Group in a research report on Friday, September 4th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, The Gym Group has a consensus rating of "Buy" and a consensus target price of GBX 253.

The Gym Group Price Performance

GYM stock opened at GBX 190 on Tuesday. The company has a market capitalization of £329.21 million, a P/E ratio of 47.50, a PEG ratio of -12.95 and a beta of 0.83. The company has a fifty day moving average price of GBX 201.36 and a 200-day moving average price of GBX 193.22. The company has a debt-to-equity ratio of 293.82, a quick ratio of 0.27 and a current ratio of 0.17. The Gym Group has a 52-week low of GBX 131.20 and a 52-week high of GBX 220.

The Gym Group (LON:GYM - Get Free Report) last issued its quarterly earnings data on Wednesday, September 9th. The company reported GBX 3.10 earnings per share for the quarter. The Gym Group had a net margin of 3.27% and a return on equity of 5.95%. As a group, equities analysts expect that The Gym Group will post 0.2851177 EPS for the current year.

About The Gym Group

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.

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