Restore PLC (RST) PT Raised to GBX 585
Restore PLC (LON:RST) had its price objective hoisted by research analysts at Berenberg Bank from GBX 435 ($5.62) to GBX 585 ($7.56) in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 8.23% from the stock’s current price.
Other equities research analysts have also recently issued reports about the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 398 ($5.14) price target on shares of Restore PLC in a report on Monday, May 22nd. N+1 Singer raised Restore PLC to a “buy” rating and raised their price target for the company from GBX 500 ($6.46) to GBX 600 ($7.75) in a report on Monday.
Restore PLC (LON RST) opened at 540.50 on Tuesday. The firm’s market cap is GBX 605.72 million. Restore PLC has a 12 month low of GBX 322.50 and a 12 month high of GBX 546.36. The firm’s 50-day moving average price is GBX 491.58 and its 200-day moving average price is GBX 430.88.
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About Restore PLC
Restore plc is a United Kingdom-based support services company. The Company is engaged in providing services to offices and workplaces in the private and public sectors. It operates in two segments: Document Management and Relocation. Document management includes business streams, such asRecords Management, Restore Shred and Restore Scan.
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