Rank Group PLC (RNK) Receives “Buy” Rating from Canaccord Genuity

Canaccord Genuity reaffirmed their buy rating on shares of Rank Group PLC (LON:RNK) in a research report report published on Tuesday. The firm currently has a GBX 265 ($3.50) target price on the stock.

RNK has been the topic of several other research reports. Peel Hunt reaffirmed an add rating and set a GBX 265 ($3.50) target price on shares of Rank Group PLC in a research note on Thursday, October 19th. Shore Capital reaffirmed a buy rating on shares of Rank Group PLC in a research note on Thursday, August 17th.

Rank Group PLC (LON:RNK) opened at 239.60 on Tuesday. The company’s 50 day moving average is GBX 227.12 and its 200-day moving average is GBX 224.72. The company’s market cap is GBX 936.08 million. Rank Group PLC has a 12 month low of GBX 180.80 and a 12 month high of GBX 243.50.

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The firm also recently announced a dividend, which was paid on Tuesday, October 31st. Shareholders of record on Thursday, September 21st were paid a dividend of GBX 5.30 ($0.07) per share. This represents a yield of 2.3%. The ex-dividend date of this dividend was Thursday, September 21st. This is a boost from Rank Group PLC’s previous dividend of $2.00.

Rank Group PLC Company Profile

The Rank Group Plc operates gaming services in Great Britain (including the Channel Islands), Spain and Belgium. The Company’s segments include Grosvenor Casinos, Mecca and Enracha. The Company’s Grosvenor Casinos is a multi-channel casino operator in the United Kingdom. Grosvenor Casinos offers a range of casino table games, including roulette, blackjack, baccarat and poker, as well as electric casino and slot machine games.

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