Analyst at Canaccord Genuity Reconfirms Restaurant Group The PLC (LON:RTN)Stock Rating as a ‘”Hold”’


Restaurant Group The PLC (LON:RTN) Rating Reaffirmed

Restaurant Group The PLC (LON:RTN) stock “Hold” rating has been has decided to reaffirm by Canaccord Genuity in an analyst note revealed to investors and clients on Friday, 4 December.

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 13.88% above today’s (GBX 672) stock price. Restaurant Group The PLC was the topic of 37 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on December 3 with “Buy” rating. N+1 Singer maintained shares with “Buy” rating and GBX 750 target share price in a report from a November 12. Nomura downgraded RTN stock in a recent report from November 16 to “Reduce” rating. Peel Hunt downgraded the rating on November 12. Peel Hunt has a “Add” rating and a GBX 768 price target on shares. Finally, Shore Capital maintained the stock with “Sell” rating in a report issued on a November 12.

The stock increased 0.07% or GBX 0.5 on December 4, striking GBX 672. Approximately 433,078 shares of stock traded hands. Restaurant Group PLC (LON:RTN) has declined 4.00% since May 8, 2015 and is downtrending. It has underperformed by 1.22% the S&P500.

Analyst at Canaccord Genuity Reconfirms Restaurant Group The PLC (LON:RTN)Stock Rating as a ‘

The Restaurant Group plc is a United Kingdom Company, which operates over 470 restaurants and pub restaurants. The company has a market cap of 1.35 billion GBP. The Company’s portfolio covers a range of categories, including table service, counter service, sandwich shops, pubs and bars. It has 21.41 P/E ratio. The Company’s principal trading brands include Frankie & Benny’s, Chiquito and Coast to Coast.

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