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Equities research analysts at Nomura increased their price target on shares of Restaurant Group (LON:RTN) from GBX 568 ($9.33) to GBX 670 ($11.01) in a research note issued to investors on Friday, American Banking News reports. The firm currently has a “buy” rating on the stock. Nomura’s price objective points to a potential upside of 9.93% from the company’s current price.

Restaurant Group (LON:RTN) opened at 609.50 on Friday. Restaurant Group has a 1-year low of GBX 376.66 and a 1-year high of GBX 670.00. The stock has a 50-day moving average of GBX 609.9 and a 200-day moving average of GBX 566.7. The company’s market cap is £1.221 billion.

Several other analysts have also recently commented on the stock. Analysts at Barclays raised their price target on shares of Restaurant Group from GBX 650 ($10.68) to GBX 675 ($11.09) in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Restaurant Group from GBX 545 ($8.96) to GBX 650 ($10.68) in a research note to investors on Friday, January 24th. They now have a “neutral” rating on the stock. Finally, analysts at UBS AG raised their price target on shares of Restaurant Group from GBX 670 ($11.01) to GBX 712 ($11.70) in a research note to investors on Wednesday, January 22nd. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Restaurant Group presently has a consensus rating of “Buy” and a consensus price target of GBX 635.76 ($10.45).

The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.

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