Barclays Reiterates “Overweight” Rating for The Gym Group (LON:GYM)

Barclays reiterated their overweight rating on shares of The Gym Group (LON:GYM) in a research report released on Thursday, March 22nd. Barclays currently has a GBX 300 ($4.30) target price on the stock.

Several other brokerages have also recently commented on GYM. Peel Hunt reiterated a buy rating and set a GBX 300 ($4.30) price target on shares of The Gym Group in a research report on Tuesday, March 20th. Numis Securities reiterated a buy rating and set a GBX 332 ($4.75) price target on shares of The Gym Group in a research report on Tuesday, March 20th. Finally, Liberum Capital assumed coverage on shares of The Gym Group in a research report on Thursday, March 15th. They set a buy rating and a GBX 310 ($4.44) price target for the company. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of GBX 308.40 ($4.42).

How to Become a New Pot Stock Millionaire

Shares of LON:GYM traded down GBX 1.50 ($0.02) during trading on Thursday, hitting GBX 238.50 ($3.41). 132,089 shares of the company’s stock were exchanged, compared to its average volume of 119,318. The Gym Group has a 1-year low of GBX 170 ($2.43) and a 1-year high of GBX 265 ($3.79).



The firm also recently declared a dividend, which will be paid on Thursday, June 14th. Stockholders of record on Thursday, May 24th will be given a dividend of GBX 0.90 ($0.01) per share. This is a boost from The Gym Group’s previous dividend of $0.30. The ex-dividend date of this dividend is Thursday, May 24th. This represents a dividend yield of 0.38%.

TRADEMARK VIOLATION NOTICE: “Barclays Reiterates “Overweight” Rating for The Gym Group (LON:GYM)” was first posted by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://stocknewstimes.com/2018/04/17/gym-groups-gym-overweight-rating-reiterated-at-barclays.html.

The Gym Group Company Profile

The Gym Group plc operates health and fitness facilities in the United Kingdom. As of March 20, 2018, it operated 130 gyms. The company was founded in 2007 and is based in Croydon, the United Kingdom.

Analyst Recommendations for The Gym Group (LON:GYM)

Receive News & Ratings for The Gym Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gym Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply