Restaurant Group PLC (RTN) Insider Debbie Howard Hewitt Acquires 7,012 Shares
Restaurant Group PLC (LON:RTN) insider Debbie Howard Hewitt purchased 7,012 shares of the business’s stock in a transaction that occurred on Monday, October 17th. The stock was acquired at an average cost of GBX 355 ($4.33) per share, with a total value of £24,892.60 ($30,338.33).
Restaurant Group PLC (LON:RTN) opened at 369.00 on Tuesday. The firm’s market capitalization is GBX 738.37 million. The company has a 50 day moving average price of GBX 379.37 and a 200 day moving average price of GBX 350.11. Restaurant Group PLC has a 12 month low of GBX 229.85 and a 12 month high of GBX 728.00.
The company also recently announced a dividend, which was paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th were given a GBX 6.80 ($0.08) dividend. The ex-dividend date of this dividend was Thursday, September 15th. This represents a yield of 1.61%.
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A number of analysts recently commented on the company. N+1 Singer reiterated a “buy” rating on shares of Restaurant Group PLC in a research report on Wednesday, October 5th. Berenberg Bank lifted their price objective on Restaurant Group PLC from GBX 300 ($3.66) to GBX 350 ($4.27) and gave the stock a “hold” rating in a research report on Wednesday, September 28th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 545 ($6.64) price objective on shares of Restaurant Group PLC in a research report on Tuesday, September 20th. Panmure Gordon lifted their price objective on Restaurant Group PLC from GBX 335 ($4.08) to GBX 410 ($5.00) and gave the stock a “hold” rating in a research report on Thursday, September 15th. Finally, Citigroup Inc. lowered Restaurant Group PLC to a “sell” rating and lowered their price objective for the stock from GBX 350 ($4.27) to GBX 320 ($3.90) in a research report on Wednesday, August 31st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 461.07 ($5.62).
Restaurant Group PLC Company Profile
The Restaurant Group plc is a United Kingdom-based Company, which operates over 470 restaurants and pub restaurants. The Company’s portfolio covers a range of categories, including table service, counter service, sandwich shops, pubs and bars. The Company’s principal trading brands include Frankie & Benny’s, Chiquito and Coast to Coast.
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