Key Points
- Insider sale: Richard Harris sold 192,215 Rank Group shares at an average of GBX 75, generating approximately £144,161.
- Stock performance: RNK opened at GBX 76.30, with a 12-month range of GBX 73.71 to GBX 142 and a market capitalization of about £355.28 million.
- Analyst outlook: Analysts maintain a consensus “Moderate Buy” rating with an average price target of GBX 147, although Deutsche Bank rates the stock “Hold” while Peel Hunt rates it “Buy.”
The Rank Group Plc (LON:RNK - Get Free Report) insider Richard Harris sold 192,215 shares of The Rank Group stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of GBX 75, for a total value of £144,161.25.
The Rank Group Stock Performance
Shares of RNK stock opened at GBX 76.30 on Thursday. The Rank Group Plc has a 12-month low of GBX 73.71 and a 12-month high of GBX 142. The firm has a market capitalization of £355.28 million, a price-to-earnings ratio of 12.11, a price-to-earnings-growth ratio of 1.75 and a beta of 1.58. The business has a 50 day simple moving average of GBX 95.75 and a 200 day simple moving average of GBX 96.27. The company has a debt-to-equity ratio of 60.83, a current ratio of 0.49 and a quick ratio of 0.65.
The Rank Group (LON:RNK - Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported GBX 10.50 EPS for the quarter. The Rank Group had a return on equity of 7.83% and a net margin of 3.58%. On average, equities research analysts anticipate that The Rank Group Plc will post 7.5021608 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on RNK shares. Shore Capital Group reaffirmed a "house stock" rating on shares of The Rank Group in a report on Thursday, August 13th. Peel Hunt restated a "buy" rating and set a GBX 175 price target on shares of The Rank Group in a research report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft upped their price target 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. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 147.
View Our Latest Report on The Rank Group
The Rank Group Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
