Numis Securities Ltd Reiterates “Buy” Rating for GYM Group PLC (GYM)
GYM Group PLC (LON:GYM)‘s stock had its “buy” rating reiterated by equities researchers at Numis Securities Ltd in a report released on Monday. They currently have a GBX 275 ($3.40) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 55.59% from the company’s current price.
Several other equities research analysts have also weighed in on the company. Berenberg Bank started coverage on GYM Group PLC in a research report on Wednesday, July 27th. They set a “buy” rating and a GBX 300 ($3.71) price target on the stock. Peel Hunt restated a “buy” rating and set a GBX 300 ($3.71) price target on shares of GYM Group PLC in a research report on Wednesday, August 31st.
Shares of GYM Group PLC (LON:GYM) traded down 2.35% on Monday, reaching GBX 176.75. The company’s stock had a trading volume of 148,101 shares. The stock has a 50-day moving average of GBX 204.72 and a 200 day moving average of GBX 221.58. The company’s market cap is GBX 226.43 million. GYM Group PLC has a 52-week low of GBX 176.75 and a 52-week high of GBX 280.00.
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The company also recently declared a dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 8th were given a dividend of GBX 0.25 ($0.00) per share. The ex-dividend date was Thursday, September 8th. This represents a dividend yield of 0.12%.
In other GYM Group PLC news, insider Gilbert,Paul sold 332,713 shares of GYM Group PLC stock in a transaction on Thursday, September 15th. The stock was sold at an average price of GBX 210 ($2.60), for a total transaction of £698,697.30 ($864,724.38).
GYM Group PLC Company Profile
The Gym Group plc, formerly The Gym Group Holdings Limited, provides health and fitness facilities. The Company offers gym memberships across the United Kingdom. The Company’s gym is equipped with over 170 equipment stations on an average. It offers memberships online. The Company operates over 70 gyms across the United Kingdom that are open around the clock.
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