UK's Gym Group up after Deutsche bank starts coverage with 'buy' rating

GYM

09/05/2024 11:56

** Analysts at Deutsche Bank initiate coverage on Gym Group
 GYM.L  with "buy" rating and PT of 170 pence 
    ** Shares of the UK-based fitness club chain jump 2.7% 10
112 pence apiece
    ** Brokerage says GYM provides a material price discount
compared to its largest competitors, which presents revenue
upside
    ** Stock up 3.6% YTD, as of last close 

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))