Restaurant Group PLC Stock Rating Reaffirmed by Peel Hunt (RTN)
Restaurant Group PLC (LON:RTN)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research note issued to investors on Friday. They currently have a GBX 729 ($12.06) price target on the stock. Peel Hunt’s price objective indicates a potential upside of 10.62% from the company’s current price.
Shares of Restaurant Group PLC (LON:RTN) opened at 636.50 on Friday. Restaurant Group PLC has a 1-year low of GBX 518.00 and a 1-year high of GBX 716.74. The stock’s 50-day moving average is GBX 619.9 and its 200-day moving average is GBX 633.2. The company’s market cap is £1.261 billion.
A number of other firms have also recently commented on RTN. 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. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Restaurant Group PLC in a research note on Friday. Finally, 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). One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus 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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