Restaurant Group PLC (RTN) Receives “Sell” Rating from Deutsche Bank AG
Deutsche Bank AG reiterated their sell rating on shares of Restaurant Group PLC (LON:RTN) in a report published on Friday morning. Deutsche Bank AG currently has a GBX 290 ($3.75) target price on the stock.
A number of other analysts have also issued reports on the company. Numis Securities Ltd reaffirmed a buy rating and set a GBX 430 ($5.56) target price on shares of Restaurant Group PLC in a research report on Wednesday, August 23rd. Shore Capital reaffirmed a buy rating on shares of Restaurant Group PLC in a research report on Friday, August 11th. Liberum Capital reaffirmed a buy rating and set a GBX 430 ($5.56) target price on shares of Restaurant Group PLC in a research report on Friday, August 11th. Barclays PLC reaffirmed an equal weight rating and set a GBX 400 ($5.17) target price on shares of Restaurant Group PLC in a research report on Tuesday, June 13th. Finally, Berenberg Bank reaffirmed a sell rating and set a GBX 300 ($3.88) target price on shares of Restaurant Group PLC in a research report on Wednesday, May 31st. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 366.54 ($4.74).
Restaurant Group PLC (LON:RTN) opened at 322.90 on Friday. The stock’s market cap is GBX 647.01 million. The stock’s 50 day moving average price is GBX 331.88 and its 200 day moving average price is GBX 337.85. Restaurant Group PLC has a 52 week low of GBX 281.36 and a 52 week high of GBX 437.50.
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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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