Restaurant Group Stock Rating Reaffirmed by Numis Securities Ltd (RTN)
Restaurant Group (LON:RTN)‘s stock had its “add” rating restated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 660 ($10.82) price target on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 4.93% from the company’s current price.
A number of other firms have also recently commented on RTN. 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. Separately, 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. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Restaurant Group in a research note to investors on Friday, November 15th. They now have a GBX 650 ($10.66) price target on the stock. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Restaurant Group presently has a consensus rating of “Buy” and an average price target of GBX 600.01 ($9.84).
Restaurant Group (LON:RTN) traded up 5.71% during mid-day trading on Thursday, hitting GBX 629.00. The stock had a trading volume of 268,671 shares. Restaurant Group has a 1-year low of GBX 364.00 and a 1-year high of GBX 617.50. The stock’s 50-day moving average is GBX 572.1 and its 200-day moving average is 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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