Numis Securities reissued their buy rating on shares of Restaurant Group (LON:RTN) in a research report released on Wednesday morning. The firm currently has a GBX 400 ($5.53) target price on the stock.
Several other equities analysts have also weighed in on the stock. Peel Hunt reiterated a reduce rating and set a GBX 220 ($3.04) price objective on shares of Restaurant Group in a report on Wednesday. Liberum Capital reissued a buy rating and set a GBX 430 ($5.94) target price on shares of Restaurant Group in a research report on Wednesday. Shore Capital reissued a buy rating on shares of Restaurant Group in a research report on Wednesday. HSBC raised shares of Restaurant Group to a hold rating and set a GBX 265 ($3.66) target price for the company in a research report on Friday, February 16th. Finally, Berenberg Bank decreased their target price on shares of Restaurant Group from GBX 300 ($4.14) to GBX 230 ($3.18) and set a sell rating for the company in a research report on Thursday, February 15th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 317.69 ($4.39).
Restaurant Group (RTN) opened at GBX 251 ($3.47) on Wednesday. Restaurant Group has a fifty-two week low of GBX 229.20 ($3.17) and a fifty-two week high of GBX 386.92 ($5.35). The firm has a market cap of $504.68 and a PE ratio of 1,568.75.
The Restaurant Group plc is a United Kingdom-based company, which operates over 500 restaurants and pub restaurants. The Company operates through operating restaurants segment. Its portfolio covers a range of categories, including table service, counter service, sandwich shops, pubs and bars. The Company’s principal trading brands include Frankie & Benny’s, Chiquito and Coast to Coast.
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