Restaurant Group PLC (LON:RTN) has earned a consensus rating of “Hold” from the sixteen analysts that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 317.69 ($4.39).
RTN has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their target price on Restaurant Group from GBX 380 ($5.25) to GBX 360 ($4.97) and set an “overweight” rating for the company in a research note on Tuesday, January 2nd. Peel Hunt cut their target price on Restaurant Group from GBX 275 ($3.80) to GBX 250 ($3.45) and set a “reduce” rating for the company in a research note on Wednesday, December 20th. Shore Capital reaffirmed a “buy” rating on shares of Restaurant Group in a research note on Wednesday, February 7th. Numis Securities reaffirmed a “buy” rating and issued a GBX 400 ($5.53) target price on shares of Restaurant Group in a research note on Thursday, January 25th. Finally, HSBC raised Restaurant Group to a “hold” rating and set a GBX 265 ($3.66) target price for the company in a research note on Friday, February 16th.
Shares of Restaurant Group (LON:RTN) opened at GBX 260.40 ($3.60) on Wednesday. Restaurant Group has a 52 week low of GBX 229.20 ($3.17) and a 52 week high of GBX 381.70 ($5.27). The stock has a market capitalization of $527.20 and a price-to-earnings ratio of 1,627.50.
Restaurant Group Company Profile
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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