Restaurant Group PLC (LON:RTN) has earned an average recommendation of “Hold” from the fifteen research firms that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 353.33 ($4.79).
RTN has been the subject of several recent research reports. Peel Hunt reissued a “reduce” rating and set a GBX 250 ($3.39) price target on shares of Restaurant Group in a research report on Friday. JPMorgan Chase & Co. dropped their price target on Restaurant Group from GBX 380 ($5.15) to GBX 360 ($4.88) and set an “overweight” rating for the company in a research report on Tuesday, January 2nd. Liberum Capital reissued a “buy” rating and set a GBX 430 ($5.83) price target on shares of Restaurant Group in a research report on Friday, September 29th. Finally, dropped their price target on Restaurant Group from GBX 300 ($4.07) to GBX 265 ($3.59) and set a “reduce” rating for the company in a research report on Thursday, September 28th.
In other Restaurant Group news, insider Andy McCue acquired 20,000 shares of the stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average price of GBX 278 ($3.77) per share, with a total value of £55,600 ($75,400.05).
About Restaurant Group
The Restaurant Group plc is a United Kingdom-based company, which operates over 500 restaurants and pub restaurants. The Company operates through operating restaurants segment. Its 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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