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).
TRADEMARK VIOLATION WARNING: This piece of content was first posted by Stock Observer and is owned by of Stock Observer. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.thestockobserver.com/2017/11/15/restaurant-group-plc-rtn-receives-gbx-357-08-average-price-target-from-brokerages.html.
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.
Receive News & Ratings for Restaurant Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.