Restaurant Group PLC Earns “Buy” Rating from Panmure Gordon (RTN)
Restaurant Group PLC (LON:RTN)‘s stock had its “buy” rating restated by Panmure Gordon in a research note issued on Thursday. They currently have a GBX 750 ($12.41) target price on the stock. Panmure Gordon’s price target suggests a potential upside of 12.28% from the company’s current price.
Several other analysts have also 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, August 20th. They now have a GBX 700 ($11.58) 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 ($11.58) 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 ($12.00) price target on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 716.33 ($11.85).
Restaurant Group PLC (LON:RTN) traded down 1.87% during mid-day trading on Thursday, hitting GBX 655.50. 101,565 shares of the company’s stock traded hands. Restaurant Group PLC has a 52 week low of GBX 518.00 and a 52 week high of GBX 716.74. The stock’s 50-day moving average is GBX 618.2 and its 200-day moving average is GBX 633.0. The company’s market cap is £1.299 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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