Several other research firms also recently weighed in on RST. Berenberg Bank decreased their target price on Restore from GBX 620 ($8.10) to GBX 515 ($6.73) and set a buy rating for the company in a research report on Monday, January 14th. Peel Hunt reiterated an add rating on shares of Restore in a research report on Monday, January 14th.
LON:RST opened at GBX 287.50 ($3.76) on Tuesday. Restore has a twelve month low of GBX 350 ($4.57) and a twelve month high of GBX 602 ($7.87).
In other Restore news, insider Charles Skinner bought 54,500 shares of the firm’s stock in a transaction dated Monday, January 14th. The stock was acquired at an average cost of GBX 337 ($4.40) per share, for a total transaction of £183,665 ($239,990.85).
Restore plc, together with its subsidiaries, operates as a support services company primarily in the United Kingdom. The company operates through two segments, Document Management and Relocation. The Document Management segment stores and retrieves hard copy documents stored in cardboard boxes; manages archive boxes of document files, magnetic data, films, and other materials for blue-chip organizations; and offers reorganization of customer documents, document restoration, file-tracking, and electronic data back-up services, as well as offers cloud storage that allows access to indexed records.
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