Restaurant Group The PLC (LON:RTN) Rating Reaffirmed
The broker has just set a target of GBX 860.00 on Restaurant Group The PLC (LON:RTN) shares. This is 27.36% from the stock price. In a comprehensive report revealed on 3 December, Numis has decided to reaffirm their “Buy” rating on shares of RTN.
From a total of 14 analysts covering Restaurant Group The PLC (LON:RTN) stock, 11 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 73% of the ratings are positive. The highest target price is GBX 1040 while the lowest target price is GBX 635. The mean of all analyst targets is GBX 780.21 with a 13.04% above today’s (GBX 677) stock price. Restaurant Group The PLC was the topic of 36 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Canaccord Genuity downgraded shares on November 17 to “Hold” rating. Peel Hunt downgraded shares to “Add” rating and GBX 768 target share price in a report from a November 12. JP Morgan maintained RTN stock in a recent report from November 13 with “Overweight” rating. Numis Securities maintained the rating on November 12. Numis Securities has a “Buy” rating and a GBX 860 price target on shares. Finally, N+1 Singer maintained the stock with “Buy” rating in a report issued on a November 12.
Approximately 37,669 shares of stock traded hands. Restaurant Group PLC (LON:RTN) has declined 1.10% since May 6, 2015 and is downtrending. It has underperformed by 0.81% the S&P500.
The Restaurant Group plc is a United Kingdom Company, which operates over 470 restaurants and pub restaurants. The company has a market cap of 1.37 billion GBP. The Company’s portfolio covers a range of categories, including table service, counter service, sandwich shops, pubs and bars. It has 21.57 P/E ratio. The Company’s principal trading brands include Frankie & Benny’s, Chiquito and Coast to Coast.
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