Restore (LON:RST) Hits New 1-Year High – What’s Next?

Restore plc (LON:RST)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 315 and last traded at GBX 312, with a volume of 142196 shares. The stock had previously closed at GBX 310.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on RST. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 435 price objective on shares of Restore in a research report on Tuesday, July 28th. Berenberg Bank lifted their price target on shares of Restore from GBX 380 to GBX 430 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 432.50.

Restore Stock Performance

The stock has a market capitalization of £411.45 million, a P/E ratio of -58.87, a P/E/G ratio of 0.41 and a beta of 0.12. The stock has a 50 day simple moving average of GBX 292.09 and a two-hundred day simple moving average of GBX 267.18. The company has a quick ratio of 1.28, a current ratio of 0.87 and a debt-to-equity ratio of 123.00.

Restore (LON:RST) last announced its quarterly earnings data on Tuesday, July 28th. The company reported GBX 3.60 earnings per share (EPS) for the quarter. Restore had a return on equity of 1.30% and a net margin of 0.87%. On average, equities analysts forecast that Restore plc will post 20.4953032 EPS for the current fiscal year.

About Restore

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.