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 reaffirmed by stock analysts at Shore Capital in a report released on Wednesday, MarketBeat Ratings reports. They currently have a GBX 200 price target on the stock. Shore Capital's price target would suggest a potential upside of 35.87% from the company's current price.

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 195 price target on shares of The Gym Group in a research note on Thursday, July 10th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 198.33.

The Gym Group Price Performance

Shares of LON GYM traded down GBX 0.60 during trading on Wednesday, reaching GBX 147.20. The company had a trading volume of 69,739 shares, compared to its average volume of 320,147. The Gym Group has a 52 week low of GBX 119 and a 52 week high of GBX 174.21. The stock has a market cap of £260.36 million, a PE ratio of 6,133.33, a PEG ratio of -12.95 and a beta of 1.75. The company has a debt-to-equity ratio of 307.68, a quick ratio of 0.27 and a current ratio of 0.20. The business's 50 day moving average price is GBX 146.47 and its 200-day moving average price is GBX 142.48.

The Gym Group (LON:GYM - Get Free Report) last announced its earnings results 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%. 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.