Restaurant Group PLC (RTN) Receives GBX 366.36 Consensus PT from Analysts

Restaurant Group PLC (LON:RTN) has been given an average recommendation of “Hold” by the fifteen research firms that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 364.55 ($4.75).

RTN has been the topic of a number of recent research reports. Liberum Capital reissued a “buy” rating and set a GBX 430 ($5.60) target price on shares of Restaurant Group PLC in a research report on Friday, April 21st. Peel Hunt reissued a “hold” rating and set a GBX 350 ($4.56) target price on shares of Restaurant Group PLC in a research report on Thursday, May 4th. Shore Capital reaffirmed a “buy” rating on shares of Restaurant Group PLC in a report on Friday, May 26th. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 300 ($3.91) price target on shares of Restaurant Group PLC in a report on Wednesday, May 31st. Finally, J P Morgan Chase & Co raised shares of Restaurant Group PLC to an “overweight” rating and upped their price target for the company from GBX 340 ($4.43) to GBX 380 ($4.95) in a report on Friday, May 26th.

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Restaurant Group PLC (RTN) traded up 0.79% during midday trading on Tuesday, reaching GBX 342.60. 359,510 shares of the company’s stock were exchanged. The firm’s market capitalization is GBX 686.48 million. The stock’s 50 day moving average is GBX 326.32 and its 200 day moving average is GBX 334.52. Restaurant Group PLC has a 52 week low of GBX 281.36 and a 52 week high of GBX 437.50.

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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