Key Points
- Insider Richard Harris sold 8,571 Rank Group shares at GBX 140 each, for total proceeds of approximately £11,999.
- The stock opened at GBX 107.80 and remains below its 12-month high of GBX 144.40, while trading above its 50-day and 200-day moving averages.
- Analyst sentiment is generally positive, with a “Moderate Buy” consensus and an average target price of GBX 147; ratings include Buy, Hold, and “house stock.”
The Rank Group Plc (LON:RNK - Get Free Report) insider Richard Harris sold 8,571 shares of the company's stock in a transaction dated Monday, September 29th. The stock was sold at an average price of GBX 140, for a total value of £11,999.40.
The Rank Group Stock Performance
LON:RNK opened at GBX 107.80 on Thursday. The business's 50-day moving average price is GBX 98.60 and its two-hundred day moving average price is GBX 96.17. The Rank Group Plc has a twelve month low of GBX 86 and a twelve month high of GBX 144.40. The stock has a market cap of £504.97 million, a P/E ratio of 13.15, a PEG ratio of 1.75 and a beta of 1.58. The company has a quick ratio of 0.65, a current ratio of 0.49 and a debt-to-equity ratio of 60.83.
The Rank Group (LON:RNK - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. The Rank Group had a return on equity of 7.83% and a net margin of 3.58%. As a group, equities analysts predict that The Rank Group Plc will post 7.5021608 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Peel Hunt reiterated a "buy" rating and set a GBX 175 target price on shares of The Rank Group in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of The Rank Group from GBX 111 to GBX 119 and gave the company a "hold" rating in a research report on Thursday, August 13th. Finally, Shore Capital Group reaffirmed a "house stock" rating on shares of The Rank Group in a report on Thursday, August 13th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of GBX 147.
View Our Latest Stock Analysis on The Rank Group
The Rank Group Company Profile
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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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