Rank Group (LON:RNK) Rating Reaffirmed
In analysts report revealed to clients on Friday, 27 November, The Buy rating of Rank Group (LON:RNK) shares was has decided to restate by Goodbody, who now has a GBX 325 PT on the stock. Goodbody’s PT would possibly suggest a possible upside of 18.74% from the previous close of the company.
From a total of 3 analysts covering Rank Group The PLC (LON:RNK) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 325 while the lowest target price is GBX 270. The mean of all analyst targets is GBX 297.50 with a 7.79% above today’s (GBX 276) stock price. Rank Group The PLC was the topic of 4 analyst reports since August 20, 2015 according to the firm StockzIntelligence Inc. Goodbody maintained shares on November 27 with “Buy” rating. Morgan Stanley maintained RNK stock in a recent report from August 24 with “Equal-Weight” rating.
The stock increased 1.77% or GBX 4.8 on November 27, striking GBX 276. Approximately 822,371 shares of stock traded hands or 460.36% up from the average. Rank Group PLC (LON:RNK) has risen 40.92% since May 1, 2015 and is uptrending. It has outperformed by 41.81% the S&P500.
The Rank Group Plc operates gaming and betting services in Great Britain, including the Channel Islands, Spain and Belgium. The company has a market cap of 1.08 billion GBP. The Company’s operating divisions include Grosvenor Casinos, Mecca and Enracha. It has 18.28 P/E ratio. Grosvenor Casinos is a multi-channel casino operator in the United Kingdom.