Berenberg Bank Forecasts Strong Price Appreciation for The Gym Group (LON:GYM) Stock

The Gym Group (LON:GYM) had its price objective increased by equities research analysts at Berenberg Bank from GBX 195 to GBX 200 in a report released on Wednesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 36.05% from the stock’s current price.

GYM has been the topic of a number of other research reports. Shore Capital restated a “buy” rating and issued a GBX 200 target price on shares of The Gym Group in a report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft upped their target price on shares of The Gym Group from GBX 195 to GBX 200 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, The Gym Group currently has an average rating of “Buy” and a consensus target price of GBX 200.

The Gym Group Price Performance

GYM stock opened at GBX 147 on Wednesday. The stock has a market capitalization of £260.00 million, a PE ratio of 6,125.00, a price-to-earnings-growth ratio of -12.95 and a beta of 1.75. The company’s 50-day moving average is GBX 145.78 and its 200-day moving average is GBX 142.80. The company has a debt-to-equity ratio of 307.68, a current ratio of 0.20 and a quick ratio of 0.27. The Gym Group has a 1 year low of GBX 119 and a 1 year high of GBX 174.21.

The Gym Group (LON:GYM) last released its quarterly earnings data on Wednesday, September 10th. The company reported GBX 2.80 earnings per share (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 research analysts expect that The Gym Group will post 0.2851177 EPS for the current fiscal year.

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.