Restaurant Group Receives “Overweight” Rating from JPMorgan Chase & Co. (RTN)
Restaurant Group (LON:RTN)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a research note issued on Thursday, AR Network reports. They currently have a GBX 665 ($10.91) price target on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 5.72% from the stock’s previous close.
A number of other analysts have also recently weighed in on RTN. 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. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Restaurant Group in a research note to investors on Thursday. They now have a GBX 608 ($9.97) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Restaurant Group in a research note to investors on Tuesday, December 10th. They now have a GBX 650 ($10.66) price target on the stock. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Restaurant Group currently has an average rating of “Buy” and a consensus target price of GBX 600.01 ($9.84).
Restaurant Group (LON:RTN) traded up 5.71% on Thursday, hitting GBX 629.00. The stock had a trading volume of 268,671 shares. Restaurant Group has a 52-week low of GBX 364.00 and a 52-week 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 £1.261 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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