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Rank Group plc ( (GB:RNK) ) just unveiled an announcement.
Rank Group plc reported a 9% increase in like-for-like Net Gaming Revenue (NGR) for the first quarter of 2025/26, with digital NGR up 13% and venue NGR up 7%. The company is addressing platform issues in Spain and expects growth in Q2. Despite cost increases, Rank is confident in meeting profit expectations and is expanding its gaming machine installations. The company is engaging with the Treasury on potential tax changes and their impact on operations.
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, offering digital and venue-based gaming services. Its primary products include electronic table gaming, gaming machines, and traditional table games, with a strong focus on the UK market.
Average Trading Volume: 797,820
Technical Sentiment Signal: Buy
Current Market Cap: £597.7M
For an in-depth examination of RNK stock, go to TipRanks’ Overview page.