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

The Gym Group (LON:GYM)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a report issued on Monday, Marketbeat reports. They currently have a GBX 195 ($2.52) price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 46.18% from the stock’s current price.

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

The Gym Group Price Performance

Shares of The Gym Group stock opened at GBX 133.40 ($1.72) on Monday. The company has a market capitalization 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 quick ratio of 0.27, a current ratio of 0.20 and a debt-to-equity ratio of 307.68. The stock’s 50-day simple moving average is GBX 134.66 and its 200-day simple moving average is GBX 148.13. The Gym Group has a 52 week low of GBX 107.20 ($1.39) and a 52 week high of GBX 174.21 ($2.25).

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

Insider Transactions at The Gym Group

In other news, insider Richard Stables purchased 25,000 shares of the business’s stock in a transaction on Thursday, January 23rd. The stock was acquired at an average price of GBX 143 ($1.85) per share, for a total transaction of £35,750 ($46,218.49). 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.