Berenberg Bank Raises The Gym Group (LON:GYM) Price Target to GBX 255

The Gym Group (LON:GYM) had its target price increased by research analysts at Berenberg Bank from GBX 235 to GBX 255 in a report released on Monday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 22.25% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Shore Capital Group reaffirmed a “buy” rating and set a GBX 280 price objective on shares of The Gym Group in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 230 price objective on shares of The Gym Group in a report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 229.

The Gym Group Stock Performance

LON:GYM opened at GBX 208.59 on Monday. The company has a market cap of £363.03 million, a price-to-earnings ratio of 52.15, a PEG ratio of -12.95 and a beta of 0.85. The Gym Group has a fifty-two week low of GBX 131.20 and a fifty-two week high of GBX 220. The company has a debt-to-equity ratio of 289.13, a quick ratio of 0.27 and a current ratio of 0.15. The stock has a fifty day moving average price of GBX 198.83 and a 200-day moving average price of GBX 180.40.

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.