Restaurant Group (LON:RTN) Earns Hold Rating from Peel Hunt

Peel Hunt reissued their hold rating on shares of Restaurant Group (LON:RTN) in a report released on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also weighed in on RTN. JPMorgan Chase & Co. reiterated an overweight rating on shares of Restaurant Group in a report on Wednesday, May 15th. Berenberg Bank reiterated a buy rating and set a GBX 175 ($2.29) price objective on shares of Restaurant Group in a report on Thursday, June 27th. Shore Capital restated a buy rating on shares of Restaurant Group in a report on Thursday, July 4th. Canaccord Genuity restated a buy rating and issued a GBX 185 ($2.42) target price on shares of Restaurant Group in a report on Monday, April 15th. Finally, Liberum Capital restated a hold rating on shares of Restaurant Group in a report on Friday, May 17th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. Restaurant Group has an average rating of Buy and an average target price of GBX 189.55 ($2.48).

RTN opened at GBX 135.60 ($1.77) on Tuesday. The business’s fifty day simple moving average is GBX 142.64 and its 200 day simple moving average is GBX 133.31. Restaurant Group has a 52 week low of GBX 110.10 ($1.44) and a 52 week high of GBX 222.94 ($2.91). The firm has a market cap of $666.47 million and a P/E ratio of 56.50. The company has a quick ratio of 0.40, a current ratio of 0.57 and a debt-to-equity ratio of 77.86.

About Restaurant Group

The Restaurant Group plc operates restaurants and pub restaurants in the United Kingdom. Its brands include Frankie & Benny's, Chiquito, Coast to Coast, Brunning & Price, Garfunkel's, Firejacks, Wagamama, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars.

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Analyst Recommendations for Restaurant Group (LON:RTN)

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