The Rank Group (LON:RNK) Sets New 12-Month Low - Time to Sell?

Key Points

• The Rank Group shares fell to a new 52-week low of GBX 84, last trading at GBX 86, below both their 50-day and 200-day moving averages.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of GBX 147, despite Deutsche Bank maintaining a “Hold” rating.
• The company reported quarterly earnings of GBX 10.50 per share, while analysts expect full-year earnings of approximately GBX 7.50 per share; profitability remains modest, with a 3.58% net margin and 7.83% return on equity.

The Rank Group Plc (LON:RNK - Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 84 and last traded at GBX 86, with a volume of 1142732 shares trading hands. The stock had previously closed at GBX 87.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on RNK shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of The Rank Group from GBX 111 to GBX 119 and gave the stock a "hold" rating in a research report on Thursday, August 13th. Shore Capital Group reiterated a "house stock" rating on shares of The Rank Group in a research note on Thursday, August 13th. Finally, Peel Hunt reissued a "buy" rating and issued a GBX 175 target price on shares of The Rank Group in a report on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 147.

The Rank Group Price Performance

The stock's 50 day simple moving average is GBX 99.26 and its 200 day simple moving average is GBX 97.43. The firm has a market capitalization of £400.44 million, a P/E ratio of 13.65, a P/E/G ratio of 1.75 and a beta of 1.58. The company has a debt-to-equity ratio of 60.83, a quick ratio of 0.65 and a current ratio of 0.49.

The Rank Group (LON:RNK - Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported GBX 10.50 earnings per share for the quarter. The Rank Group had a return on equity of 7.83% and a net margin of 3.58%. As a group, analysts expect that The Rank Group Plc will post 7.5021608 earnings per share for the current fiscal year.

The Rank Group Company Profile

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today's gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group's story is one of iconic brands and talented people with a mission to entertain.

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