Restore PLC (RST) Price Target Raised to GBX 390 at Peel Hunt
Restore PLC (LON:RST) had its price objective hoisted by equities researchers at Peel Hunt from GBX 359 ($4.44) to GBX 390 ($4.83) in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s target price would suggest a potential upside of 15.90% from the stock’s previous close.
Separately, N+1 Singer reiterated a “buy” rating and issued a GBX 360 ($4.46) price target on shares of Restore PLC in a research report on Monday, September 12th.
Shares of Restore PLC (LON:RST) opened at 336.50 on Wednesday. The firm has a 50-day moving average of GBX 346.93 and a 200-day moving average of GBX 324.03. The firm’s market capitalization is GBX 326.54 million. Restore PLC has a 1-year low of GBX 248.10 and a 1-year high of GBX 370.00.
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The company also recently declared a dividend, which will be paid on Friday, November 11th. Investors of record on Thursday, October 13th will be given a GBX 1.33 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 13th. This represents a dividend yield of 0.37%.
Restore PLC Company Profile
Restore plc is a United Kingdom-based support services company. The Company is engaged in providing office services. The Company operates in two segments: Document Management and Relocation. The Company’s document management division consists of business streams, including Records Management, Restore Shred and Restore Scan.
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