Restaurant Group Stock Rating Reaffirmed by Canaccord Genuity (RTN)
Restaurant Group (LON: RTN)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Thursday. They currently have a $7.10 (440 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd downgraded shares of Restaurant Group to a “reduce” rating in a research note to investors on Tuesday. They now have a $5.45 price target on the stock. Separately, analysts at Liberum Capital Ltd reiterated a “buy” rating on shares of Restaurant Group in a research note to investors on Monday. They now have a $6.63 price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Restaurant Group in a research note to investors on Wednesday, September 26th. They now have a $6.45 price target on the stock.
Restaurant Group opened at 383.00 on Thursday. Restaurant Group has a 52-week low of GBX 268.70 and a 52-week high of GBX 385.00. The company’s market cap is £767.1 million.
The Restaurant Group plc (TRG) is engaged in the operation of restaurants and pub restaurants. As of January 2, 2011, the Company operated 389 restaurants and pub restaurants.
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