Restore PLC (RST) Insider Acquires £26,400 in Stock
Restore PLC (LON:RST) insider Martin Towers acquired 5,000 shares of Restore PLC stock in a transaction dated Monday, September 25th. The stock was bought at an average price of GBX 528 ($7.10) per share, with a total value of £26,400 ($35,502.96).
Shares of Restore PLC (LON RST) opened at 524.50 on Thursday. The stock has a 50 day moving average price of GBX 500.18 and a 200 day moving average price of GBX 436.43. The stock’s market capitalization is GBX 589.34 million. Restore PLC has a 1-year low of GBX 322.50 and a 1-year high of GBX 570.00.
The firm also recently announced a dividend, which will be paid on Friday, November 10th. Investors of record on Thursday, October 12th will be issued a dividend of GBX 1.67 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 12th. This represents a dividend yield of 0.3%.
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Several equities research analysts have recently commented on RST shares. Peel Hunt restated a “buy” rating and issued a GBX 398 ($5.35) price objective on shares of Restore PLC in a research note on Thursday, June 22nd. Berenberg Bank upped their price objective on Restore PLC from GBX 435 ($5.85) to GBX 585 ($7.87) and gave the stock a “buy” rating in a research note on Tuesday, September 12th. Finally, N+1 Singer upgraded Restore PLC to a “buy” rating and upped their price objective for the stock from GBX 500 ($6.72) to GBX 600 ($8.07) in a research note on Monday, September 11th.
Restore PLC Company Profile
Restore plc is a United Kingdom-based support services company. The Company is engaged in providing services to offices and workplaces in the private and public sectors. It operates in two segments: Document Management and Relocation. Document management includes business streams, such asRecords Management, Restore Shred and Restore Scan.
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