Restore’s (RST) “Buy” Rating Reiterated at Canaccord Genuity Group

Restore (LON:RST)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 435 price target on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 51.69% from the stock’s previous close.

Separately, Berenberg Bank upped their target price on shares of Restore from GBX 380 to GBX 430 and gave the company a “buy” rating in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 390.67.

Restore Stock Performance

Shares of Restore stock traded up GBX 4.78 during trading on Tuesday, reaching GBX 286.78. The company’s stock had a trading volume of 708,308 shares, compared to its average volume of 364,338. The company has a 50-day moving average price of GBX 264.44 and a two-hundred day moving average price of GBX 258.04. Restore has a fifty-two week low of GBX 222 and a fifty-two week high of GBX 355. The firm has a market cap of £381.40 million, a PE ratio of -61.02, a P/E/G ratio of 0.41 and a beta of 0.11. The company has a current ratio of 0.93, a quick ratio of 1.28 and a debt-to-equity ratio of 118.39.

Restore (LON:RST) last issued its quarterly earnings results on Tuesday, July 28th. The company reported GBX 3.60 earnings per share for the quarter. Restore had a net margin of 0.43% and a return on equity of 0.58%. On average, analysts forecast that Restore will post 20.4953032 EPS for the current year.

Insider Transactions at Restore

In other Restore news, insider Dan Baker sold 55,795 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of GBX 261, for a total value of £145,624.95. Company insiders own 16.32% of the company’s stock.

Restore Company Profile

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.