Berenberg Bank Boosts The Gym Group (LON:GYM) Price Target to GBX 200

Key Points

• Berenberg Bank has raised its target price for The Gym Group (LON:GYM) from GBX 195 to GBX 200, indicating a potential upside of 34.54% from the current price and reaffirms a "buy" rating.
• Both Deutsche Bank and Shore Capital have also issued buy ratings with the same target price of GBX 200, contributing to a consensus "Buy" rating among analysts.
• The Gym Group reported GBX 2.80 EPS for the quarter, despite a negative return on equity of -1.64% and a net margin of -0.97%.

The Gym Group (LON:GYM - Free Report) had its target price increased by Berenberg Bank from GBX 195 to GBX 200 in a report released on Wednesday morning, Marketbeat Ratings reports. Berenberg Bank currently has a buy rating on the stock.

GYM has been the topic of several other reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of The Gym Group from GBX 195 to GBX 200 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Shore Capital reiterated a "buy" rating and issued a GBX 200 target price on shares of The Gym Group in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 200.

The Gym Group Trading Up 2.6%

GYM traded up GBX 3.80 during mid-day trading on Wednesday, hitting GBX 150.80. 308,520 shares of the stock were exchanged, compared to its average volume of 315,516. The company has a current ratio of 0.20, a quick ratio of 0.27 and a debt-to-equity ratio of 307.68. The firm's fifty day moving average is GBX 145.73 and its two-hundred day moving average is GBX 143.08. The company has a market cap of £266.72 million, a PE ratio of 6,283.33, a PEG ratio of -12.95 and a beta of 1.75. The Gym Group has a 1-year low of GBX 119 and a 1-year high of GBX 174.21.

The Gym Group (LON:GYM - Get Free Report) last released its earnings results on Wednesday, September 10th. The company reported GBX 2.80 EPS for the quarter. The Gym Group had a negative return on equity of 1.64% and a negative net margin of 0.97%. Equities analysts forecast 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.