Restaurant Group PLC Given Average Rating of “Buy” by Brokerages (LON:RTN)
Shares of Restaurant Group PLC (LON:RTN) have been given an average rating of “Buy” by the fourteen brokerages that are covering the company, AmericanBankingNews.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 716.33 ($11.97).
Restaurant Group PLC (LON:RTN) opened at 657.00 on Monday. 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 612.9 and a 200-day moving average of GBX 631.4. The company’s market cap is £1.302 billion.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Restaurant Group PLC in a research note on Wednesday. They now have a GBX 700 ($11.70) price target on the stock. Separately, analysts at N+1 Singer downgraded shares of Restaurant Group PLC to a “hold” rating in a research note on Friday, August 15th. They now have a GBX 700 ($11.70) price target on the stock. Finally, 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.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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