Restore (LON:RST) Sets New 52-Week High – Here’s What Happened

Shares of Restore plc (LON:RSTGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 310 and last traded at GBX 309, with a volume of 237355 shares trading hands. The stock had previously closed at GBX 300.18.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Berenberg Bank upped their target price on Restore from GBX 380 to GBX 430 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 435 price target on shares of Restore in a report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 432.50.

Check Out Our Latest Stock Analysis on RST

Restore Stock Performance

The stock has a market cap of £410.13 million, a price-to-earnings ratio of -58.68, a P/E/G ratio of 0.41 and a beta of 0.12. The company has a debt-to-equity ratio of 123.00, a current ratio of 0.87 and a quick ratio of 1.28. The company’s fifty day moving average price is GBX 289.48 and its 200-day moving average price is GBX 265.95.

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

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.

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