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

Key Points

• Shore Capital has reaffirmed a "Buy" rating for The Gym Group, setting a price target of GBX 200, indicating a potential upside of 34.30% from the previous close.
• Three analysts currently rate The Gym Group with a "Buy" rating and a consensus price target of GBX 193.33.
• The Gym Group's latest quarterly earnings reported an EPS of GBX 2.80 amidst negative net margins and a projected annual EPS of approximately 0.285.

The Gym Group (LON:GYM - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Shore Capital in a research report issued on Wednesday, Marketbeat reports. They presently have a GBX 200 price target on the stock. Shore Capital's price objective indicates a potential upside of 35.32% from the company's previous close.

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 195 price target on shares of The Gym Group in a report on Thursday, July 10th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of GBX 198.33.

The Gym Group Trading Down 0.4%

GYM traded down GBX 0.60 on Wednesday, reaching GBX 147.80. 23,344 shares of the company traded hands, compared to its average volume of 321,562. The Gym Group has a one year low of GBX 119 and a one year high of GBX 174.21. The firm has a fifty day simple moving average of GBX 146.47 and a two-hundred day simple moving average of GBX 142.45. The company has a market cap of £261.42 million, a P/E ratio of 6,158.33, a price-to-earnings-growth ratio of -12.95 and a beta of 1.75. The company has a quick ratio of 0.27, a current ratio of 0.20 and a debt-to-equity ratio of 307.68.

The Gym Group (LON:GYM - Get Free Report) last announced its quarterly earnings data on Wednesday, September 10th. The company reported GBX 2.80 earnings per share for the quarter. The Gym Group had a negative net margin of 0.97% and a negative return on equity of 1.64%. As a group, equities research 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.