The Rank Group (LON:RNK) Downgraded by Deutsche Bank Aktiengesellschaft to Hold

Deutsche Bank Aktiengesellschaft downgraded shares of The Rank Group (LON:RNK) to a hold rating in a research note published on Friday, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has GBX 104 price objective on the stock, down from their previous price objective of GBX 163.

Several other equities analysts have also issued reports on RNK. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price objective on shares of The Rank Group in a research report on Wednesday, October 15th. Shore Capital reaffirmed a “house stock” rating on shares of The Rank Group in a research note on Tuesday, November 11th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, The Rank Group has an average rating of “Moderate Buy” and an average target price of GBX 152.

The Rank Group Stock Down 4.7%

LON:RNK opened at GBX 93.80 on Friday. The Rank Group has a 1 year low of GBX 75 and a 1 year high of GBX 166.20. The stock has a 50-day moving average price of GBX 103 and a two-hundred day moving average price of GBX 124.49. The stock has a market cap of £439.39 million, a price-to-earnings ratio of 9.87, a PEG ratio of 1.75 and a beta of 2.48. The company has a current ratio of 0.47, a quick ratio of 0.65 and a debt-to-equity ratio of 58.20.

The Rank Group Company Profile

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today’s gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group’s story is one of iconic brands and talented people with a mission to entertain.