Nplus1 Brewin Reiterates Buy Rating for Restaurant Group (RTN)
Restaurant Group (LON:RTN)‘s stock had its “buy” rating restated by stock analysts at Nplus1 Brewin in a report issued on Tuesday, Analyst Ratings News reports. They currently have a GBX 608 ($9.98) price objective on the stock. Nplus1 Brewin’s target price suggests a potential downside of 2.88% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer reiterated a “buy” rating on shares of Restaurant Group in a research note to investors on Tuesday. They now have a GBX 608 ($9.98) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Restaurant Group in a research note to investors on Tuesday, January 14th. They now have a GBX 575 ($9.44) price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Restaurant Group from GBX 650 ($10.67) to GBX 680 ($11.16) in a research note to investors on Thursday, January 9th. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 609.17 ($10.00).
Restaurant Group (LON:RTN) traded up 0.08% on Tuesday, hitting GBX 626.00. The stock had a trading volume of 342,667 shares. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0.. The company’s market cap is £1.254 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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