Peel Hunt Reiterates Buy Rating for Rank Group (RNK)

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Peel Hunt reissued their buy rating on shares of Rank Group (LON:RNK) in a research report sent to investors on Tuesday, December 18th. They currently have a GBX 180 ($2.35) target price on the stock, down from their prior target price of GBX 245 ($3.20).

LON:RNK traded down GBX 2 ($0.03) on Tuesday, reaching GBX 144 ($1.88). The company’s stock had a trading volume of 75,515 shares, compared to its average volume of 76,034. Rank Group has a 1-year low of GBX 203.40 ($2.66) and a 1-year high of GBX 250 ($3.27).

Rank Group Company Profile

The Rank Group Plc, together with its subsidiaries, provides gaming services in Great Britain, Spain, and Belgium. The company operates through Grosvenor Venues, Mecca Venues, UK Digital, and Enracha segments. It offers a range of casino table games, including roulette, blackjack, baccarat, and poker; electronic roulette and slots machine games; and community games, such as bingo, as well as social and bingo clubs.

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