Restaurant Group PLC Receives Average Rating of “Buy” from Brokerages (LON:RTN)
Shares of Restaurant Group PLC (LON:RTN) have been given a consensus rating of “Buy” by the fourteen ratings firms that are currently covering the company, Analyst Ratings.Net reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 716.33 ($11.97).
RTN has been the subject of a number of recent research reports. Analysts at N+1 Singer downgraded shares of Restaurant Group PLC to a “hold” rating in a research note on Friday. They now have a GBX 700 ($11.70) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Restaurant Group PLC in a research note on Wednesday, August 13th. They now have a GBX 725 ($12.12) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Restaurant Group PLC in a research note on Monday, August 11th. They now have a GBX 750 ($12.54) price target on the stock.
Shares of Restaurant Group PLC (LON:RTN) traded up 0.30% during mid-day trading on Monday, hitting GBX 662.00. The stock had a trading volume of 27,012 shares. Restaurant Group PLC has a 52-week low of GBX 518.00 and a 52-week high of GBX 716.74. The stock has a 50-day moving average of GBX 606.2 and a 200-day moving average of GBX 629.. The company’s market cap is £1.312 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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