Restaurant Group (RTN) Downgraded by Peel Hunt

Restaurant Group (LON:RTN) was downgraded by analysts at Peel Hunt to a “sell” rating in a research report issued to clients and investors on Thursday.

Several other research analysts have also recently issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Restaurant Group in a research report on Wednesday, February 7th. HSBC upgraded Restaurant Group to a “hold” rating and set a GBX 265 ($3.59) price target for the company in a research report on Friday, February 16th. Numis Securities restated a “buy” rating and issued a GBX 400 ($5.43) price target on shares of Restaurant Group in a research report on Thursday, January 25th. Liberum Capital restated a “buy” rating and issued a GBX 430 ($5.83) price target on shares of Restaurant Group in a research report on Thursday, January 25th. Finally, Deutsche Bank dropped their price target on Restaurant Group from GBX 290 ($3.93) to GBX 225 ($3.05) and set a “sell” rating for the company in a research report on Friday, February 2nd. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 316.92 ($4.30).

Restaurant Group opened at GBX 299.40 ($4.06) on Thursday, MarketBeat Ratings reports. Restaurant Group has a 1 year low of GBX 229.20 ($3.11) and a 1 year high of GBX 381.70 ($5.18).

About Restaurant Group

The Restaurant Group plc operates restaurants and pub restaurants in the United Kingdom. Its brands include Frankie & Benny's, Chiquito, Coast to Coast, Brunning & Price, Joe's Kitchen, and Garfunkel's. The company also operates TRG concessions that provide casual dining, counter service, coffee shops, pubs, and bars in the United Kingdom's airports and railways.

Analyst Recommendations for Restaurant Group (LON:RTN)

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