Restore (LON:RST) Price Target Raised to GBX 435

Restore (LON:RST) had its target price increased by Canaccord Genuity Group from GBX 425 to GBX 435 in a research note released on Thursday, Marketbeat.com reports. They currently have a buy rating on the stock.

Restore Trading Up 0.2%

Shares of LON:RST opened at GBX 250 on Thursday. The business’s 50 day moving average price is GBX 259.12 and its 200-day moving average price is GBX 255.42. Restore has a 1 year low of GBX 207 and a 1 year high of GBX 355. The firm has a market capitalization of £339.10 million, a price-to-earnings ratio of 37.31, a price-to-earnings-growth ratio of 0.41 and a beta of 0.07. The company has a debt-to-equity ratio of 118.39, a current ratio of 0.93 and a quick ratio of 1.28.

Restore (LON:RST) last issued its quarterly earnings results on Thursday, March 12th. The company reported GBX 22.50 EPS for the quarter. Restore had a net margin of 0.43% and a return on equity of 0.58%. On average, equities research analysts forecast that Restore will post 20.4953032 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Charles Skinner purchased 11,001 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was purchased at an average cost of GBX 273 per share, for a total transaction of £30,032.73. 15.89% of the stock is owned by corporate insiders.

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.