Andy McCue Acquires 20,000 Shares of Restaurant Group PLC (RTN) Stock
Restaurant Group PLC (LON:RTN) insider Andy McCue bought 20,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were bought at an average price of GBX 278 ($3.66) per share, for a total transaction of £55,600 ($73,129.03).
Shares of Restaurant Group PLC (RTN) opened at GBX 282.21 ($3.71) on Friday. Restaurant Group PLC has a 1 year low of GBX 275.30 ($3.62) and a 1 year high of GBX 386.92 ($5.09).
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Several brokerages have commented on RTN. Peel Hunt decreased their target price on shares of Restaurant Group PLC from GBX 300 ($3.95) to GBX 275 ($3.62) and set a “reduce” rating on the stock in a research report on Wednesday, October 25th. Liberum Capital restated a “buy” rating and set a GBX 430 ($5.66) target price on shares of Restaurant Group PLC in a research report on Friday, September 29th. decreased their target price on shares of Restaurant Group PLC from GBX 300 ($3.95) to GBX 265 ($3.49) and set a “reduce” rating on the stock in a research report on Thursday, September 28th. Berenberg Bank restated a “sell” rating and set a GBX 300 ($3.95) target price on shares of Restaurant Group PLC in a research report on Friday, September 8th. Finally, Canaccord Genuity decreased their target price on shares of Restaurant Group PLC from GBX 430 ($5.66) to GBX 400 ($5.26) and set a “buy” rating on the stock in a research report on Tuesday, September 5th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 355.77 ($4.68).
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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