Restaurant Group PLC’s “Buy” Rating Reaffirmed at Numis Securities Ltd (RTN)
Restaurant Group PLC (LON:RTN)‘s stock had its “buy” rating restated by stock analysts at Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 725 ($12.16) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 13.37% from the stock’s previous close.
RTN has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Restaurant Group PLC in a research note on Monday. They now have a GBX 750 ($12.58) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Restaurant Group PLC in a research note on Tuesday, July 1st. They now have a GBX 755 ($12.67) price target on the stock. Finally, analysts at Westhouse Securities upgraded shares of Restaurant Group PLC to a “buy” rating in a research note on Friday, June 20th. They now have a GBX 700 ($11.74) price target on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 716.33 ($12.02).
Restaurant Group PLC (LON:RTN) opened at 638.00 on Wednesday. Restaurant Group PLC has a one year low of GBX 518.00 and a one year high of GBX 716.74. The stock has a 50-day moving average of GBX 599.2 and a 200-day moving average of GBX 629.0. The company’s market cap is £1.264 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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