The Gym Group (LON:GYM) Earns "Buy" Rating from Shore Capital Group

Key Points

• Shore Capital Group reiterated a “Buy” rating on The Gym Group and set a GBX 275 price target, implying approximately 45.9% upside from the current share price.
• Analyst sentiment remains positive: five analysts rate the stock “Buy,” with a consensus target price of GBX 250. Recent targets range from GBX 230 to GBX 295.
• The shares opened at GBX 188.50, while the company reported quarterly EPS of GBX 3.10 and has a market capitalization of approximately £326.6 million.

The Gym Group (LON:GYM - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Shore Capital Group in a report issued on Thursday, Digital Look reports. They presently have a GBX 275 target price on the stock. Shore Capital Group's price target would suggest a potential upside of 45.89% from the stock's current price.

GYM has been the topic of several other research reports. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 250 price target on shares of The Gym Group in a research report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 230 price objective on shares of The Gym Group in a research note on Friday, September 4th. Finally, Berenberg Bank increased their target price 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 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 250.

The Gym Group Price Performance

Shares of LON GYM opened at GBX 188.50 on Thursday. The company has a quick ratio of 0.27, a current ratio of 0.17 and a debt-to-equity ratio of 293.82. The Gym Group has a fifty-two week low of GBX 131.20 and a fifty-two week high of GBX 220. The business has a 50 day moving average price of GBX 202.89 and a two-hundred day moving average price of GBX 192.86. The firm has a market cap of £326.61 million, a PE ratio of 47.12, a price-to-earnings-growth ratio of -12.95 and a beta of 0.83.

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