Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Rank Group plc ( (GB:RNK) ) is now available.
Rank Group Plc hosted a Capital Markets Event to update investors and analysts on Grosvenor Casinos’ medium-term ambitions. The company aims to increase its weekly Net Gaming Revenue to over £9.5 million and improve its operating profit margin by at least 500 basis points, following recent casino reforms.
The most recent analyst rating on (GB:RNK) stock is a Buy with a £163.00 price target. To see the full list of analyst forecasts on Rank Group plc stock, see the GB:RNK Stock Forecast page.
Spark’s Take on GB:RNK Stock
According to Spark, TipRanks’ AI Analyst, GB:RNK is a Outperform.
Rank Group shows strong bullish momentum and strategic growth potential, highlighted by recent corporate events and solid financial recovery. While technical indicators signal overbought conditions, the stock’s reasonable valuation and positive outlook suggest potential for further gains.
To see Spark’s full report on GB:RNK stock, click here.
More about Rank Group plc
Rank Group Plc operates in the gaming and entertainment industry, focusing primarily on land-based casinos through its Grosvenor Casinos brand. The company is known for providing gaming and leisure services, with a market focus on enhancing its casino operations and customer experience.
Average Trading Volume: 763,543
Technical Sentiment Signal: Buy
Current Market Cap: £589.3M
See more data about RNK stock on TipRanks’ Stock Analysis page.