Restaurant Group PLC Receives “Hold” Rating from N+1 Singer (RTN)
Restaurant Group PLC (LON:RTN)‘s stock had its “hold” rating reissued by equities researchers at N+1 Singer in a research report issued on Friday. They currently have a GBX 700 ($11.58) price target on the stock. N+1 Singer’s target price suggests a potential upside of 6.22% from the stock’s previous close.
Restaurant Group PLC (LON:RTN) traded down 3.19% on Friday, hitting GBX 638.00. The stock had a trading volume of 140,291 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 619.9 and a 200-day moving average of GBX 633.2. The company’s market cap is £1.264 billion.
Several other analysts have also recently commented on the stock. 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. Separately, 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. 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 research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target 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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