The Rank Group (LON:RNK) Hits New 12-Month Low – Here’s What Happened

The Rank Group Plc (LON:RNK – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 82 and last traded at GBX 82, with a volume of 771611 shares. The stock had previously closed at GBX 83.50.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on RNK shares. Shore Capital Group reissued a “house stock” rating on shares of The Rank Group in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of The Rank Group from GBX 111 to GBX 119 and gave the stock a “hold” rating in a research note on Thursday, August 13th. Finally, Peel Hunt restated a “buy” rating and set a GBX 175 price target on shares of The Rank Group in a report on Monday, July 13th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, The Rank Group has a consensus rating of “Moderate Buy” and an average target price of GBX 147.

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Check Out Our Latest Stock Analysis on RNK

The Rank Group Stock Performance

The company’s 50-day simple moving average is GBX 98.22 and its 200 day simple moving average is GBX 97.03. The company has a current ratio of 0.49, a quick ratio of 0.65 and a debt-to-equity ratio of 60.83. The stock has a market cap of £381.82 million, a P/E ratio of 13.02, a PEG ratio of 1.75 and a beta of 1.58.

The Rank Group (LON:RNK – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported GBX 10.50 earnings per share for the quarter. The Rank Group had a return on equity of 7.83% and a net margin of 3.58%. As a group, sell-side analysts expect that The Rank Group Plc will post 7.5021608 EPS for the current fiscal year.

About The Rank Group

(Get Free Report)

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.

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