Restaurant Group PLC (RTN) Given Buy Rating at Citigroup Inc.
Citigroup Inc. reiterated their buy rating on shares of Restaurant Group PLC (LON:RTN) in a research note published on Friday. Citigroup Inc. currently has a GBX 425 ($5.50) price target on the stock.
Several other analysts also recently issued reports on RTN. UBS AG downgraded Restaurant Group PLC to a sell rating and reduced their price objective for the company from GBX 310 ($4.01) to GBX 275 ($3.56) in a research report on Tuesday, May 23rd. Numis Securities Ltd reiterated a buy rating and set a GBX 430 ($5.56) target price on shares of Restaurant Group PLC in a research report on Wednesday, August 23rd. N+1 Singer reiterated a buy rating and set a GBX 415 ($5.37) target price on shares of Restaurant Group PLC in a research report on Thursday. Shore Capital reiterated a buy rating on shares of Restaurant Group PLC in a research report on Thursday. Finally, Liberum Capital reiterated a buy rating and set a GBX 430 ($5.56) target price on shares of Restaurant Group PLC in a research report on Friday, August 11th. Five analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s 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) traded down 2.66% during mid-day trading on Friday, hitting GBX 337.30. The company’s stock had a trading volume of 1,196,659 shares. The company’s market cap is GBX 675.86 million. The stock has a 50-day moving average of GBX 333.71 and a 200-day moving average of GBX 338.47. Restaurant Group PLC has a 12-month low of GBX 281.36 and a 12-month high of GBX 410.10.
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About Restaurant Group PLC
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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