Restore (LON:RST) Hits New 1-Year High – Here’s What Happened

Restore plc (LON:RST – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 310 and last traded at GBX 309, with a volume of 237355 shares changing hands. The stock had previously closed at GBX 300.18.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on RST. Canaccord Genuity Group restated a “buy” rating and set a GBX 435 price objective on shares of Restore in a research report on Tuesday, July 28th. Berenberg Bank increased their price target on Restore from GBX 380 to GBX 430 and gave the company a “buy” rating in a report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 432.50.

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Restore Price Performance

The company has a market capitalization of £407.49 million, a P/E ratio of -58.30, a P/E/G ratio of 0.41 and a beta of 0.12. The firm’s fifty day moving average is GBX 287.92 and its 200 day moving average is GBX 265.10. The company has a debt-to-equity ratio of 123.00, a quick ratio of 1.28 and a current ratio of 0.87.

Restore (LON:RST – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported GBX 3.60 earnings per share for the quarter. Restore had a net margin of 0.87% and a return on equity of 1.30%. As a group, analysts predict that Restore plc will post 20.4953032 earnings per share for the current fiscal year.

About Restore

(Get Free Report)

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.

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