Restaurant Group PLC’s “Add” Rating Reaffirmed at Numis Securities Ltd (RTN)
Restaurant Group PLC (LON:RTN)‘s stock had its “add” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Thursday, American Banking and Market News reports. They currently have a GBX 725 ($12.23) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 13.28% from the stock’s previous close.
RTN has been the subject of a number of other recent research reports. Analysts at Deutsche Bank initiated coverage on shares of Restaurant Group PLC in a research note on Monday, April 28th. They set a “hold” rating and a GBX 700 ($11.81) price target on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Restaurant Group PLC in a research note on Wednesday, April 16th. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Restaurant Group PLC in a research note on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 718.91 ($12.13).
Shares of Restaurant Group PLC (LON:RTN) traded up 0.31% during mid-day trading on Thursday, hitting GBX 640.00. The stock had a trading volume of 308,868 shares. Restaurant Group PLC has a 1-year low of GBX 469.227 and a 1-year high of GBX 716.74. The stock has a 50-day moving average of GBX 660.9 and a 200-day moving average of GBX 619.0. The company’s market cap is £1.268 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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