Peel Hunt Reiterates Add Rating for Rank Group PLC (RNK)
Rank Group PLC (LON:RNK)‘s stock had its “add” rating reissued by equities research analysts at Peel Hunt in a research report issued to clients and investors on Monday. They currently have a GBX 292 ($3.81) price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 40.38% from the company’s current price.
Other analysts have also recently issued reports about the company. Shore Capital reissued a “buy” rating on shares of Rank Group PLC in a research report on Monday, July 25th. Goodbody reissued a “buy” rating on shares of Rank Group PLC in a research report on Tuesday, August 23rd.
Rank Group PLC (LON:RNK) opened at 206.10 on Monday. The company’s market capitalization is GBX 805.20 million. The stock has a 50 day moving average price of GBX 213.93 and a 200-day moving average price of GBX 230.64. Rank Group PLC has a 12-month low of GBX 199.70 and a 12-month high of GBX 301.50.
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The company also recently disclosed a dividend, which will be paid on Thursday, October 20th. Investors of record on Thursday, September 8th will be issued a GBX 4.70 ($0.06) dividend. This is a positive change from Rank Group PLC’s previous dividend of $1.80. This represents a yield of 2.16%. The ex-dividend date is Thursday, September 8th.
About Rank Group PLC
The Rank Group Plc operates gaming and betting services in Great Britain, including the Channel Islands, Spain and Belgium. The Company’s operating segments include Grosvenor Casinos, Mecca and Enracha. Grosvenor Casinos is a multi-channel casino operator in the United Kingdom. The casino operator offers a range of casino table games, including roulette, blackjack, baccarat and poker, as well as electric casino and slot machine games.
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