Rank Group’s (LON:RNK) Buy Rating Reaffirmed at Peel Hunt

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Peel Hunt reiterated their buy rating on shares of Rank Group (LON:RNK) in a research note published on Monday, January 28th.

Shares of LON RNK traded up GBX 3.20 ($0.04) during mid-day trading on Monday, reaching GBX 164.60 ($2.15). 1,448,430 shares of the company traded hands, compared to its average volume of 76,034. Rank Group has a fifty-two week low of GBX 203.40 ($2.66) and a fifty-two week high of GBX 250 ($3.27).

Rank Group (LON:RNK) last posted its quarterly earnings data on Thursday, January 31st. The company reported GBX 6.10 ($0.08) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 5.70 ($0.07) by GBX 0.40 ($0.01).

The firm also recently declared a dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 14th will be given a GBX 2.15 ($0.03) dividend. The ex-dividend date is Thursday, February 14th. This represents a yield of 1.35%.

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.

See Also: Consumer Price Index (CPI)

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