Deutsche Bank Aktiengesellschaft Issues Positive Forecast for The Gym Group (LON:GYM) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft raised its price target for The Gym Group from GBX 195 to GBX 200, suggesting a potential upside of 34.58% from the current price.
• The Gym Group has received a "buy" rating from multiple analysts, including Berenberg Bank and Shore Capital, with an average target price of GBX 198.33.
• The company's recent earnings report revealed a negative net margin of 0.97% and earnings per share of GBX 2.80 for the quarter ending September 10.

The Gym Group (LON:GYM - Get Free Report) had its target price lifted by analysts at Deutsche Bank Aktiengesellschaft from GBX 195 to GBX 200 in a report released on Wednesday, MarketBeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential upside of 34.77% from the stock's current price.

A number of other analysts have also weighed in on GYM. Berenberg Bank reaffirmed a "buy" rating and set a GBX 195 target price on shares of The Gym Group in a report on Thursday, July 10th. Shore Capital reissued a "buy" rating and issued a GBX 200 price target on shares of The Gym Group in a report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, The Gym Group presently has a consensus rating of "Buy" and an average price target of GBX 198.33.

The Gym Group Stock Performance

Shares of GYM stock traded up GBX 0.80 during trading on Wednesday, reaching GBX 148.40. 38,105 shares of the company's stock traded hands, compared to its average volume of 318,637. The company has a market capitalization of £262.48 million, a P/E ratio of 6,183.33, a PEG ratio of -12.95 and a beta of 1.75. 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 50-day moving average is GBX 146.30 and its 200 day moving average is GBX 142.61. 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 posted 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%. Equities research analysts expect that The Gym Group will post 0.2851177 EPS 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.