Restore’s (RST) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Restore (LON:RSTFree Report) in a report published on Tuesday,Digital Look reports. The firm currently has a GBX 435 price target on the stock.

Separately, Berenberg Bank upped their price target on shares of Restore from GBX 380 to GBX 430 and gave the stock a “buy” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 432.50.

View Our Latest Analysis on Restore

Restore Stock Down 0.7%

RST stock opened at GBX 284 on Tuesday. The business has a 50 day moving average of GBX 265.89 and a 200 day moving average of GBX 258.49. The firm has a market cap of £377.71 million, a PE ratio of -60.43, a price-to-earnings-growth ratio of 0.41 and a beta of 0.11. Restore has a twelve month low of GBX 222 and a twelve month high of GBX 355. The company has a quick ratio of 1.28, a current ratio of 0.87 and a debt-to-equity ratio of 123.00.

Restore (LON:RSTGet Free Report) last released its earnings results on Tuesday, July 28th. The company reported GBX 3.60 EPS for the quarter. Restore had a return on equity of 1.30% and a net margin of 0.87%. On average, research analysts forecast that Restore will post 20.4953032 EPS for the current fiscal year.

Insider Transactions at Restore

In other Restore 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. Corporate insiders own 16.32% of the company’s stock.

About Restore

(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.

Further Reading

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.