Restaurant Group PLC (RTN) Receives GBX 357.08 Average Price Target from Brokerages

Shares of Restaurant Group PLC (LON:RTN) have been assigned an average rating of “Hold” from the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 357.08 ($4.70).

A number of equities research analysts have commented on the company. Liberum Capital reiterated a “buy” rating and issued a GBX 430 ($5.66) price target on shares of Restaurant Group PLC in a research report on Friday, August 11th. Shore Capital restated a “buy” rating on shares of Restaurant Group PLC in a research report on Friday, August 11th. Numis Securities Ltd restated a “buy” rating and set a GBX 430 ($5.66) target price on shares of Restaurant Group PLC in a research report on Wednesday, August 23rd. N+1 Singer restated a “buy” rating and set a GBX 415 ($5.46) target price on shares of Restaurant Group PLC in a research report on Thursday, August 31st. Finally, cut their target price on Restaurant Group PLC from GBX 300 ($3.95) to GBX 265 ($3.49) and set a “reduce” rating on the stock in a research report on Thursday, September 28th.

Restaurant Group PLC (RTN) traded up GBX 1.50 ($0.02) during midday trading on Thursday, hitting GBX 279.40 ($3.67). The company’s stock had a trading volume of 598,866 shares, compared to its average volume of 451,266. Restaurant Group PLC has a 1 year low of GBX 275.80 ($3.63) and a 1 year high of GBX 386.92 ($5.09).

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About Restaurant Group PLC

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.

Analyst Recommendations for Restaurant Group PLC (LON:RTN)

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