Restaurant Group’s (RTN) “Buy” Rating Reiterated at Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Restaurant Group (LON:RTN) in a report published on Wednesday morning. The brokerage currently has a GBX 430 ($5.94) target price on the stock.
A number of other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Restaurant Group from GBX 380 ($5.25) to GBX 360 ($4.97) and set an overweight rating on the stock in a report on Tuesday, January 2nd. Peel Hunt lowered their price target on shares of Restaurant Group from GBX 275 ($3.80) to GBX 250 ($3.45) and set a reduce rating on the stock in a report on Wednesday, December 20th. Numis Securities reissued a buy rating and issued a GBX 400 ($5.53) price target on shares of Restaurant Group in a report on Thursday, January 25th. Shore Capital reissued a buy rating on shares of Restaurant Group in a report on Thursday, January 25th. Finally, Deutsche Bank lowered their price target on shares of Restaurant Group from GBX 290 ($4.01) to GBX 225 ($3.11) and set a sell rating on the stock in a report on Friday, February 2nd. Five analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 330.71 ($4.57).
Shares of Restaurant Group (LON:RTN) opened at GBX 230.40 ($3.18) on Wednesday. Restaurant Group has a fifty-two week low of GBX 231.80 ($3.20) and a fifty-two week high of GBX 386.92 ($5.35). The stock has a market cap of $471.30 and a PE ratio of -2,880.00.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Group and related companies with MarketBeat.com's FREE daily email newsletter.