Restaurant Group (RTN) Receives “Buy” Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Restaurant Group (LON:RTN) in a research report sent to investors on Thursday morning. Liberum Capital currently has a GBX 430 ($5.83) price objective on the stock.
Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Restaurant Group from GBX 380 ($5.15) to GBX 360 ($4.88) and set an overweight rating on the stock in a research report on Tuesday, December 12th. Peel Hunt reaffirmed a reduce rating and set a GBX 250 ($3.39) target price on shares of Restaurant Group in a research report on Friday, January 19th. Finally, reduced their target price on shares of Restaurant Group from GBX 300 ($4.07) to GBX 265 ($3.59) and set a reduce rating on the stock in a research report on Thursday, September 28th. Five research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 348.46 ($4.73).
Restaurant Group (LON:RTN) opened at GBX 278.40 ($3.78) on Thursday. The company has a market cap of $559.77 and a P/E ratio of -3,480.00. Restaurant Group has a 1 year low of GBX 248 ($3.36) and a 1 year high of GBX 386.92 ($5.25).
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Restaurant Group 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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