Rank Group (RNK) Earns Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Rank Group (LON:RNK) in a report issued on Thursday morning. Peel Hunt currently has a GBX 265 ($3.72) target price on the stock.

Other analysts also recently issued research reports about the company. Shore Capital reaffirmed a buy rating on shares of Rank Group in a research report on Thursday, October 19th. Canaccord Genuity downgraded Rank Group to a hold rating and set a GBX 265 ($3.72) target price on the stock. in a research report on Wednesday, January 3rd.

Shares of Rank Group (LON RNK) opened at GBX 225.50 ($3.17) on Thursday. Rank Group has a 12 month low of GBX 200 ($2.81) and a 12 month high of GBX 250 ($3.51). The stock has a market capitalization of $880.99 and a PE ratio of 1,503.33.

The business also recently announced a dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, February 15th will be given a GBX 2.15 ($0.03) dividend. This represents a dividend yield of 0.94%. The ex-dividend date is Thursday, February 15th.

In related news, insider Clive Jennings bought 56,571 shares of the stock in a transaction that occurred on Thursday, February 1st. The shares were acquired at an average price of GBX 227 ($3.19) per share, with a total value of £128,416.17 ($180,334.46).

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About Rank Group

The Rank Group Plc operates gaming services in Great Britain (including the Channel Islands), Spain and Belgium. The Company’s segments include Grosvenor Casinos, Mecca and Enracha. The Company’s Grosvenor Casinos is a multi-channel casino operator in the United Kingdom. Grosvenor Casinos offers a range of casino table games, including roulette, blackjack, baccarat and poker, as well as electric casino and slot machine games.

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