Berenberg Bank Boosts Restore (LON:RST) Price Target to GBX 430

Restore (LON:RSTGet Free Report) had its price target lifted by equities researchers at Berenberg Bank from GBX 380 to GBX 430 in a research report issued on Tuesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 50.35% from the company’s previous close.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 435 price objective on shares of Restore in a report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 390.67.

View Our Latest Stock Report on Restore

Restore Stock Up 1.4%

Shares of LON:RST opened at GBX 286 on Tuesday. The firm has a market capitalization of £380.37 million, a PE ratio of -60.85, a price-to-earnings-growth ratio of 0.41 and a beta of 0.11. The business has a 50 day simple moving average of GBX 264.44 and a two-hundred day simple moving average of GBX 258.04. Restore has a 1 year low of GBX 222 and a 1 year high of GBX 355. The company has a debt-to-equity ratio of 118.39, a current ratio of 0.93 and a quick ratio of 1.28.

Insider Activity

In other news, insider Dan Baker sold 55,795 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of GBX 261, for a total transaction of £145,624.95. 16.32% of the stock is currently owned by company insiders.

Restore Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Restore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restore and related companies with MarketBeat.com's FREE daily email newsletter.