Restaurant Group PLC (RTN) Stock Rating Reaffirmed by Citigroup Inc.
Restaurant Group PLC (LON:RTN)‘s stock had its “buy” rating restated by investment analysts at Citigroup Inc. in a report released on Friday. They currently have a GBX 425 ($5.50) price objective on the stock. Citigroup Inc.’s price target would suggest a potential upside of 22.66% from the company’s current price.
RTN has been the topic of a number of other research reports. Peel Hunt downgraded Restaurant Group PLC to a “reduce” rating and dropped their target price for the company from GBX 350 ($4.53) to GBX 300 ($3.88) in a report on Tuesday. Shore Capital reiterated a “buy” rating on shares of Restaurant Group PLC in a report on Friday, August 11th. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 290 ($3.75) target price on shares of Restaurant Group PLC in a report on Friday, August 25th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 430 ($5.56) target price on shares of Restaurant Group PLC in a report on Wednesday, August 23rd. Finally, Berenberg Bank reiterated a “sell” rating and issued a GBX 300 ($3.88) target price on shares of Restaurant Group PLC in a report on Wednesday, May 31st. Five analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. Restaurant Group PLC currently has a consensus rating of “Hold” and an average price target of GBX 362.69 ($4.69).
Shares of Restaurant Group PLC (RTN) opened at 346.50 on Friday. Restaurant Group PLC has a 12-month low of GBX 281.36 and a 12-month high of GBX 410.10. The company has a 50-day moving average of GBX 332.85 and a 200-day moving average of GBX 338.48. The stock’s market capitalization is GBX 694.30 million.
TRADEMARK VIOLATION WARNING: “Restaurant Group PLC (RTN) Stock Rating Reaffirmed by Citigroup Inc.” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/restaurant-group-plc-rtn-stock-rating-reaffirmed-by-citigroup-inc/1535143.html.
About Restaurant Group PLC
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.
Receive News & Ratings for Restaurant Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Group PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.