Restaurant Group PLC’s “Hold” Rating Reaffirmed at Deutsche Bank (RTN)
Restaurant Group PLC (LON:RTN)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday. They currently have a GBX 700 ($11.58) price objective on the stock. Deutsche Bank’s price objective would indicate a potential upside of 6.22% from the company’s current price.
RTN has been the subject of a number of other recent research reports. Analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Restaurant Group PLC in a research note on Friday. Separately, 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). Finally, 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. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. Restaurant Group PLC has a consensus rating of “Hold” and a consensus target price of GBX 719.25 ($11.90).
Shares of Restaurant Group PLC (LON:RTN) opened at 640.88 on Friday. 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 619.9 and its 200-day moving average is GBX 633.2. The company’s market cap is £1.270 billion.
The Restaurant Group plc (LON:RTN) is engaged in the operation of restaurants and pub restaurants.
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