Restaurant Group (LON:RTN) Stock Rating Reaffirmed by Peel Hunt
Peel Hunt reaffirmed their hold rating on shares of Restaurant Group (LON:RTN) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.
A number of other analysts have also issued reports on RTN. Canaccord Genuity decreased their target price on shares of Trevali Mining from C$0.75 to C$0.65 in a research report on Monday, April 15th. JPMorgan Chase & Co. restated a neutral rating on shares of Anglo American in a research report on Wednesday, May 15th. Shore Capital restated a house stock rating on shares of Global Ports in a research report on Thursday, July 4th. Berenberg Bank restated a buy rating and set a GBX 175 ($2.29) target price on shares of in a research report on Thursday, June 27th. Finally, Royal Bank of Canada set a $184.00 target price on shares of Jazz Pharmaceuticals and gave the stock a buy rating in a research report on Monday, March 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of GBX 189.55 ($2.48).
Shares of LON RTN opened at GBX 147.90 ($1.93) on Tuesday. Restaurant Group has a 1 year low of GBX 110.10 ($1.44) and a 1 year high of GBX 222.94 ($2.91). The stock’s 50 day moving average price is GBX 132.35. The firm has a market capitalization of $726.92 million and a price-to-earnings ratio of 61.63. The company has a debt-to-equity ratio of 77.86, a quick ratio of 0.40 and a current ratio of 0.57.
The Restaurant Group plc operates restaurants and pub restaurants in the United Kingdom. Its brands include Frankie & Benny's, Chiquito, Coast to Coast, Brunning & Price, Garfunkel's, Firejacks, Wagamama, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars.
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