The Gym Group (LON:GYM) Receives Buy Rating from Berenberg Bank

The Gym Group (LON:GYM)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research note issued on Monday,London Stock Exchange reports. They currently have a GBX 195 ($2.52) target price on the stock. Berenberg Bank’s target price indicates a potential upside of 46.18% from the stock’s previous close.

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Gym Group in a research report on Tuesday, January 14th.

The Gym Group Price Performance

The Gym Group stock traded up GBX 3 ($0.04) on Monday, reaching GBX 133.40 ($1.72). The company’s stock had a trading volume of 31,778 shares, compared to its average volume of 273,415. The Gym Group has a twelve month low of GBX 107.20 ($1.39) and a twelve month high of GBX 174.21 ($2.25). The company has a market cap of £237.26 million, a price-to-earnings ratio of -113.77, a PEG ratio of -12.95 and a beta of 1.75. The company has a debt-to-equity ratio of 307.68, a quick ratio of 0.27 and a current ratio of 0.20. The business’s fifty day moving average price is GBX 134.78 and its 200 day moving average price is GBX 148.28.

The Gym Group (LON:GYM) last issued its earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) EPS for the quarter. The Gym Group had a negative net margin of 0.97% and a negative return on equity of 1.64%. Equities analysts expect that The Gym Group will post 0.2851177 earnings per share for the current fiscal year.

Insider Buying and Selling at The Gym Group

In related news, insider Richard Stables bought 25,000 shares of The Gym Group stock in a transaction dated Thursday, January 23rd. The stock was purchased at an average cost of GBX 143 ($1.85) per share, with a total value of £35,750 ($46,188.63). Company insiders own 2.53% of the company’s stock.

About The Gym Group

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.