The Gym Group (LON:GYM) Earns Buy Rating from Jefferies Financial Group

Key Points

• Jefferies reaffirmed a Buy rating on The Gym Group and set a GBX 250 price target, implying approximately 20.19% upside from the current price.
• The stock has broad analyst support: five analysts rate it Buy, with a consensus rating of Buy and an average price target of GBX 251. Recent targets range from GBX 230 to GBX 295.
• The shares opened at GBX 208, compared with a 52-week range of GBX 131.20 to GBX 220. The company reported quarterly EPS of GBX 3.10, with a 3.02% net margin and 5.35% return on equity.

The Gym Group (LON:GYM - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 250 price target on the stock. Jefferies Financial Group's price objective suggests a potential upside of 20.19% from the company's current price.

GYM has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 230 target price on shares of The Gym Group in a research report on Friday, September 4th. Shore Capital Group restated a "buy" rating and issued a GBX 280 price target on shares of The Gym Group in a research note on Friday, September 4th. Finally, Berenberg Bank lifted their price objective on The Gym Group from GBX 255 to GBX 295 and gave the stock a "buy" rating in a report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of GBX 251.

The Gym Group Price Performance

Shares of LON:GYM opened at GBX 208 on Wednesday. The company has a debt-to-equity ratio of 289.13, a quick ratio of 0.27 and a current ratio of 0.15. The firm has a market cap of £360.39 million, a price-to-earnings ratio of 52.00, a price-to-earnings-growth ratio of -12.95 and a beta of 0.83. The business has a 50-day simple moving average of GBX 204.92 and a two-hundred day simple moving average of GBX 192.04. The Gym Group has a fifty-two week low of GBX 131.20 and a fifty-two week high of GBX 220.

The Gym Group (LON:GYM - Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The company reported GBX 3.10 earnings per share (EPS) for the quarter. The Gym Group had a net margin of 3.02% and a return on equity of 5.35%. On average, analysts expect that The Gym Group will post 0.2851177 earnings per share for the current year.

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.

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