Restaurant Group PLC (RTN) Plans Dividend of GBX 6.10
Restaurant Group PLC (LON:RTN) declared a dividend on Friday, August 29th, AnalystRatingsNetwork reports. Stockholders of record on Wednesday, September 10th will be given a dividend of GBX 6.10 ($0.10) per share on Thursday, October 9th. This represents a yield of 0.95%. The ex-dividend date of this dividend is Wednesday, September 10th. The official announcement can be seen at this link.
RTN has been the subject of a number of recent research reports. Analysts at Peel Hunt reiterated a “buy” rating on shares of Restaurant Group PLC in a research note on Friday. They now have a GBX 729 ($12.06) price target on the stock. On a related note, analysts at Deutsche Bank 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 Oriel Securities Ltd reiterated a “hold” rating on shares of Restaurant Group PLC in a research note on Friday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. Restaurant Group PLC has a consensus rating of “Buy” and a consensus target price of GBX 720 ($11.91).
Restaurant Group PLC (LON:RTN) traded down 2.28% during mid-day trading on Friday, hitting GBX 644.00. The stock had a trading volume of 334,326 shares. Restaurant Group PLC has a one year low of GBX 518.00 and a one year high of GBX 716.74. The stock’s 50-day moving average is GBX 621.4 and its 200-day moving average is GBX 633.3. The company’s market cap is £1.276 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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