Restaurant Group PLC (RTN) Stock Rating Reaffirmed by Liberum Capital
Restaurant Group PLC (LON:RTN)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research report issued to clients and investors on Friday. They presently have a GBX 430 ($5.60) price target on the stock. Liberum Capital’s target price indicates a potential upside of 26.51% from the stock’s previous close.
RTN has been the topic of several other research reports. Barclays PLC restated an “equal weight” rating and set a GBX 400 ($5.21) target price on shares of Restaurant Group PLC in a research report on Tuesday, June 13th. Shore Capital restated a “buy” rating on shares of Restaurant Group PLC in a research report on Friday, May 26th. Panmure Gordon restated a “hold” rating on shares of Restaurant Group PLC in a research report on Friday, May 26th. Peel Hunt restated a “hold” rating and set a GBX 350 ($4.56) target price on shares of Restaurant Group PLC in a research report on Friday, May 26th. Finally, Berenberg Bank restated a “sell” rating and set a GBX 300 ($3.91) target price on shares of Restaurant Group PLC in a research report on Wednesday, May 31st. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 366.54 ($4.77).
Restaurant Group PLC (LON:RTN) opened at 334.20 on Friday. Restaurant Group PLC has a 52 week low of GBX 281.36 and a 52 week high of GBX 437.50. The company’s market cap is GBX 669.65 million. The stock has a 50 day moving average price of GBX 326.32 and a 200 day moving average price of GBX 334.52.
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Restaurant Group PLC 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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