GYM Group PLC’s (GYM) Buy Rating Reiterated at Berenberg Bank
Several other equities research analysts have also recently weighed in on the company. Numis Securities Ltd reissued a buy rating and set a GBX 275 ($3.52) price objective on shares of GYM Group PLC in a research note on Tuesday, March 14th. Peel Hunt reduced their price objective on GYM Group PLC from GBX 300 ($3.84) to GBX 250 ($3.20) and set a buy rating on the stock in a research note on Monday, March 13th. Barclays PLC raised GYM Group PLC to an overweight rating and reduced their price objective for the stock from GBX 243 ($3.11) to GBX 230 ($2.94) in a research note on Thursday, April 6th. Finally, N+1 Singer initiated coverage on GYM Group PLC in a research note on Wednesday, February 15th. They set a sell rating on the stock. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. GYM Group PLC currently has an average rating of Buy and an average target price of GBX 263.75 ($3.37).
Shares of GYM Group PLC (LON:GYM) opened at 183.20337 on Tuesday. The stock’s 50 day moving average price is GBX 181.05 and its 200-day moving average price is GBX 184.51. GYM Group PLC has a 52 week low of GBX 155.00 and a 52 week high of GBX 272.00. The firm’s market capitalization is GBX 234.69 million.
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The business also recently disclosed a dividend, which will be paid on Friday, June 16th. Shareholders of record on Thursday, May 25th will be paid a dividend of €0.75 ($0.82) per share. This is a boost from GYM Group PLC’s previous dividend of $0.25. This represents a yield of 0.41%. The ex-dividend date is Thursday, May 25th.
In related news, insider David Kelly acquired 5,000 shares of GYM Group PLC stock in a transaction on Tuesday, March 21st. The shares were bought at an average cost of GBX 176 ($2.25) per share, with a total value of £8,800 ($11,250.32).
About GYM Group PLC
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