Oriel Securities Ltd Reiterates Hold Rating for Restaurant Group PLC (RTN)
Shares of Restaurant Group PLC (LON:RTN) opened at 639.00 on Friday. 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 619.9 and a 200-day moving average of GBX 633.2. The company’s market cap is £1.266 billion.
A number of other firms have also recently commented on RTN. Analysts at Numis Securities Ltd downgraded shares of Restaurant Group PLC to an “add” rating in a research note on Friday. They now have a GBX 760 ($12.58) price target on the stock, up previously from GBX 725 ($12.00). Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Restaurant Group PLC in a research note on Friday. They now have a GBX 700 ($11.58) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Restaurant Group PLC in a research note on Thursday. They now have a GBX 750 ($12.41) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 720 ($11.91).
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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