Restaurant Group PLC (RTN) Earns “Buy” Rating from Numis Securities Ltd
Restaurant Group PLC (LON:RTN)‘s stock had its “buy” rating reaffirmed by Numis Securities Ltd in a research report issued on Thursday. They presently have a GBX 430 ($5.56) price target on the stock. Numis Securities Ltd’s price target points to a potential upside of 35.18% from the company’s current price.
A number of other analysts also recently commented on RTN. UBS AG downgraded shares of Restaurant Group PLC to a “sell” rating and dropped their target price for the stock from GBX 310 ($4.01) to GBX 275 ($3.56) in a report on Tuesday, May 23rd. N+1 Singer reiterated a “buy” rating and issued a GBX 415 ($5.37) target price on shares of Restaurant Group PLC in a report on Thursday. Shore Capital reiterated a “buy” rating on shares of Restaurant Group PLC in a report on Thursday. Liberum Capital reiterated a “buy” rating and issued a GBX 430 ($5.56) target price on shares of Restaurant Group PLC in a report on Friday, August 11th. Finally, Panmure Gordon reiterated a “hold” rating on shares of Restaurant Group PLC in a report on Friday, May 26th. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 362.69 ($4.69).
Shares of Restaurant Group PLC (LON:RTN) opened at 340.00 on Thursday. The firm’s market capitalization is GBX 681.27 million. The company has a 50-day moving average price of GBX 331.88 and a 200 day moving average price of GBX 337.85. Restaurant Group PLC has a 12-month low of GBX 281.36 and a 12-month high of GBX 437.50.
Restaurant Group PLC Company Profile
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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