The Rank Group (LON:RNK) Rating Lowered to Hold at Deutsche Bank Aktiengesellschaft

The Rank Group (LON:RNK) was downgraded by research analysts at Deutsche Bank Aktiengesellschaft to a “hold” rating in a research report issued to clients and investors on Friday, Marketbeat.com reports. They presently have a GBX 104 target price on the stock, down from their prior target price of GBX 163. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 10.87% from the stock’s current price.

RNK has been the topic of several other reports. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price objective on shares of The Rank Group in a research note 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 company. Based on data from MarketBeat, The Rank Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 152.

The Rank Group Price Performance

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 company has a debt-to-equity ratio of 58.20, a current ratio of 0.47 and a quick ratio of 0.65. The company has a market capitalization of £439.39 million, a price-to-earnings ratio of 9.87, a P/E/G ratio of 1.75 and a beta of 2.48. The firm’s fifty day moving average price is GBX 103 and its two-hundred day moving average price is GBX 124.39.

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.