Shares of The Gym Group plc (LON:GYM – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 206.38 and traded as low as GBX 196. The Gym Group shares last traded at GBX 204, with a volume of 180,829 shares.
Analysts Set New Price Targets
Several brokerages recently issued reports on GYM. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 230 price target on shares of The Gym Group in a research report on Tuesday, June 9th. Shore Capital Group reiterated a “buy” rating and set a GBX 280 target price on shares of The Gym Group in a research report on Wednesday, July 8th. Finally, Berenberg Bank raised their price target on shares of The Gym Group from GBX 255 to GBX 295 and gave the company a “buy” rating in a report on Friday, August 14th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, The Gym Group has an average rating of “Buy” and an average price target of GBX 237.
Check Out Our Latest Research Report on The Gym Group
The Gym Group Trading Down 1.8%
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.
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