Shore Capital Retains Buy Rating for The Gym Group (GYM)Shore Capital Retains Buy Rating for The Gym Group (GYM) Shore Capital has reaffirmed its “buy” recommendation for The Gym Group (GYM), a leading UK-based provider of low-cost fitness facilities. In a recent research note, Shore Capital analysts highlighted the company’s strong financial performance and growth potential. They noted that The Gym Group’s revenue and earnings per share (EPS) have consistently exceeded market expectations. The analysts attributed the company’s success to its value-for-money proposition, which offers affordable and accessible fitness options to a broad customer base. They also praised The Gym Group’s innovative approach to fitness, including its use of technology and its focus on affordability. Shore Capital believes that The Gym Group is well-positioned to continue its growth trajectory. The company has a strong pipeline of new gym openings and is expanding its digital offerings. The analysts expect the company to benefit from the increasing demand for health and fitness services. Based on their analysis, Shore Capital has set a target price for The Gym Group of 235 pence per share. This represents a potential upside of over 20% from the current share price. The analysts concluded their note by saying: “The Gym Group is a well-managed company with a strong track record of growth. We believe the company is well-positioned to continue delivering value to its shareholders.”
Shore Capital confirms buy recommendation on The Gym Group (LON:GYM)MarketBeat
