Restaurant Group’s (RTN) Buy Rating Reaffirmed at Shore Capital
Several other research firms also recently weighed in on RTN. Peel Hunt restated a sell rating and issued a GBX 220 ($2.87) target price on shares of Restaurant Group in a research report on Tuesday, August 28th. Numis Securities reiterated a buy rating and set a GBX 400 ($5.21) price objective on shares of Restaurant Group in a research report on Friday, August 31st. Canaccord Genuity reiterated a buy rating and set a GBX 380 ($4.95) price objective on shares of Restaurant Group in a research report on Friday, August 31st. Citigroup reiterated a buy rating on shares of Restaurant Group in a research report on Monday, September 3rd. Finally, Liberum Capital reiterated a buy rating on shares of Restaurant Group in a research report on Wednesday, May 23rd. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 310.91 ($4.05).
LON RTN opened at GBX 296.80 ($3.87) on Tuesday. Restaurant Group has a 1-year low of GBX 229.20 ($2.99) and a 1-year high of GBX 381.70 ($4.97).
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, Garfunkel's, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars in the United Kingdom's airports.
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