Restaurant Group PLC (LON:RTN) has received an average recommendation of “Buy” from the twelve ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 168.75 ($2.21).
A number of equities analysts recently weighed in on the company. Liberum Capital reissued a “hold” rating on shares of Restaurant Group in a research note on Monday, November 25th. UBS Group restated a “neutral” rating and set a GBX 145 ($1.89) price objective on shares of Restaurant Group in a research report on Tuesday, September 3rd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 175 ($2.29) target price on shares of Restaurant Group in a research note on Monday, September 30th. Finally, Peel Hunt reiterated a “hold” rating on shares of Restaurant Group in a report on Tuesday, November 26th.
LON:RTN traded down GBX 0.20 ($0.00) during mid-day trading on Friday, reaching GBX 140 ($1.83). 1,308,724 shares of the stock were exchanged, compared to its average volume of 1,090,000. The business has a fifty day moving average price of GBX 141.09 and a 200 day moving average price of GBX 138.56. The firm has a market capitalization of $688.09 million and a PE ratio of -6.80. Restaurant Group has a 1-year low of GBX 110.10 ($1.44) and a 1-year high of GBX 163.80 ($2.14). The company has a current ratio of 0.45, a quick ratio of 0.28 and a debt-to-equity ratio of 92.93.
In other news, insider Andy C. Hornby acquired 232,471 shares of Restaurant Group stock in a transaction that occurred on Tuesday, September 10th. The stock was purchased at an average price of GBX 128 ($1.67) per share, with a total value of £297,562.88 ($388,818.61).
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, Firejacks, Wagamama, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars.
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