Restaurant Group PLC (LON:RTN) Stock Rating Reaffirmed by Shore Capital
Restaurant Group PLC (LON:RTN)‘s stock had its “buy” rating restated by research analysts at Shore Capital in a research report issued to clients and investors on Friday.
RTN has been the topic of several other reports. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 400 ($5.21) target price on shares of Restaurant Group PLC in a research note on Tuesday, June 13th. Liberum Capital reaffirmed a “buy” rating and set a GBX 430 ($5.60) target price on shares of Restaurant Group PLC in a research note on Friday. Panmure Gordon reaffirmed a “hold” rating on shares of Restaurant Group PLC in a research note on Friday, May 26th. Peel Hunt reaffirmed a “hold” rating and set a GBX 350 ($4.56) target price on shares of Restaurant Group PLC in a research note on Friday, May 26th. Finally, Berenberg Bank reaffirmed a “sell” rating and set a GBX 300 ($3.91) target price on shares of Restaurant Group PLC in a research note on Wednesday, May 31st. Four research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 366.54 ($4.77).
Restaurant Group PLC (RTN) opened at 331.20 on Friday. The stock’s 50 day moving average is GBX 326.32 and its 200-day moving average is GBX 334.52. Restaurant Group PLC has a 1-year low of GBX 281.36 and a 1-year high of GBX 437.50. The company’s market capitalization is GBX 663.64 million.
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Restaurant Group PLC Company Profile
The Restaurant Group plc is a United Kingdom-based company, which operates over 500 restaurants and pub restaurants. The Company operates through operating restaurants segment. Its portfolio covers a range of categories, including table service, counter service, sandwich shops, pubs and bars. The Company’s principal trading brands include Frankie & Benny’s, Chiquito and Coast to Coast.
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