Restaurant Group Receives Buy Rating from Nplus1 Brewin (RTN)
Restaurant Group (LON:RTN)‘s stock had its “buy” rating restated by research analysts at Nplus1 Brewin in a report released on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 608 ($9.97) target price on the stock. Nplus1 Brewin’s price target would indicate a potential upside of 2.18% from the company’s current price.
Shares of Restaurant Group (LON:RTN) opened at 631.00 on Thursday. Restaurant Group has a 1-year low of GBX 364.00 and a 1-year high of GBX 617.50. The stock has a 50-day moving average of GBX 572.1 and a 200-day moving average of GBX 552.5. The company’s market cap is £1.265 billion.
RTN has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Restaurant Group from GBX 650 ($10.66) to GBX 680 ($11.15) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Restaurant Group in a research note to investors on Thursday. They now have a GBX 665 ($10.91) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Restaurant Group in a research note to investors on Thursday. They now have a GBX 660 ($10.82) price target on the stock. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 600.01 ($9.84).
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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