Restore (LON:RST) Insider Acquires £30,032.73 in Stock

Restore plc (LON:RST) insider Charles Skinner acquired 11,001 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was purchased at an average cost of GBX 273 per share, for a total transaction of £30,032.73.

Restore Trading Up 0.8%

Shares of RST stock opened at GBX 268.50 on Monday. The stock has a market capitalization of £364.19 million, a P/E ratio of 40.07, a P/E/G ratio of 0.41 and a beta of 0.57. The stock has a 50-day simple moving average of GBX 244.27 and a 200 day simple moving average of GBX 256.59. The company has a quick ratio of 1.28, a current ratio of 1.07 and a debt-to-equity ratio of 100.35. Restore plc has a fifty-two week low of GBX 207 and a fifty-two week high of GBX 355.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on RST shares. Berenberg Bank restated a “buy” rating and issued a GBX 360 price objective on shares of Restore in a research note on Wednesday, October 29th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 307 price target on shares of Restore in a research note on Monday, December 15th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 324.67.

About Restore

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.