Rank Group PLC (RNK) Stock Rating Reaffirmed by Peel Hunt
Rank Group PLC (LON:RNK)‘s stock had its “add” rating reaffirmed by research analysts at Peel Hunt in a note issued to investors on Monday. They presently have a GBX 292 ($3.61) target price on the stock. Peel Hunt’s price objective suggests a potential upside of 45.35% from the stock’s current price.
A number of other brokerages have also issued reports on RNK. Shore Capital reissued a “buy” rating on shares of Rank Group PLC in a research note on Monday, July 25th. Goodbody reissued a “buy” rating on shares of Rank Group PLC in a research note on Tuesday, August 23rd.
Rank Group PLC (LON:RNK) traded down 3.41% during trading on Monday, reaching GBX 200.90. The company had a trading volume of 255,970 shares. Rank Group PLC has a 12-month low of GBX 199.70 and a 12-month high of GBX 301.50. The stock’s market cap is GBX 784.88 million. The firm has a 50-day moving average price of GBX 213.11 and a 200 day moving average price of GBX 229.88.
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The firm also recently disclosed a dividend, which will be paid on Thursday, October 20th. Investors of record on Thursday, September 8th will be paid a GBX 4.70 ($0.06) dividend. This represents a dividend yield of 2.16%. The ex-dividend date is Thursday, September 8th. This is a positive change from Rank Group PLC’s previous dividend of $1.80.
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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