Citigroup Trims Restaurant Group (RTN) Target Price to GBX 410
A number of other equities research analysts also recently issued reports on RTN. Peel Hunt restated a reduce rating and set a GBX 250 ($3.45) price objective on shares of Restaurant Group in a research report on Friday, January 5th. JPMorgan Chase & Co. reduced their price target on Restaurant Group from GBX 380 ($5.25) to GBX 360 ($4.97) and set an overweight rating on the stock in a report on Tuesday, January 2nd. Canaccord Genuity reduced their price target on Restaurant Group from GBX 400 ($5.53) to GBX 380 ($5.25) and set a buy rating on the stock in a report on Thursday, January 25th. Shore Capital restated a buy rating on shares of Restaurant Group in a report on Thursday, January 25th. Finally, Liberum Capital restated a buy rating and set a GBX 430 ($5.94) price objective on shares of Restaurant Group in a report on Thursday, January 25th. Five analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 317.69 ($4.39).
Restaurant Group (LON:RTN) opened at GBX 251 ($3.47) on Thursday. Restaurant Group has a one year low of GBX 229.20 ($3.17) and a one year high of GBX 386.92 ($5.35). The company has a market capitalization of $504.68 and a P/E ratio of 1,568.75.
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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