Deutsche Bank Aktiengesellschaft Boosts The Rank Group (LON:RNK) Price Target to GBX 119

The Rank Group (LON:RNK) had its price target lifted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 111 to GBX 119 in a research report issued on Thursday,London Stock Exchange reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 10.19% from the company’s previous close.

Several other research firms have also recently weighed in on RNK. Shore Capital Group reissued a “house stock” rating on shares of The Rank Group in a report on Thursday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 175 price objective on shares of The Rank Group in a report on Monday, July 13th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 147.

The Rank Group Stock Performance

Shares of RNK stock opened at GBX 108 on Thursday. The company has a 50 day moving average price of GBX 98.12 and a 200-day moving average price of GBX 95.72. The Rank Group has a 52 week low of GBX 86 and a 52 week high of GBX 144.80. The firm has a market capitalization of £505.90 million, a PE ratio of 13.17, a P/E/G ratio of 1.75 and a beta of 1.58. The company has a quick ratio of 0.65, a current ratio of 0.45 and a debt-to-equity ratio of 61.99.

The Rank Group (LON:RNK) last issued 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 net margin of 4.20% and a return on equity of 9.03%. As a group, equities research analysts expect that The Rank Group will post 7.5021608 earnings per share for the current year.

About The Rank Group

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.