Restaurant Group PLC (LON:RTN) has been given an average recommendation of “Buy” by the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 168.75 ($2.21).
RTN has been the topic of a number of analyst reports. Peel Hunt reiterated a “hold” rating on shares of Restaurant Group in a research report on Tuesday, November 26th. Liberum Capital restated a “hold” rating on shares of Restaurant Group in a report on Monday, November 25th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 175 ($2.29) target price on shares of Restaurant Group in a research note on Monday, September 30th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 145 ($1.89) target price on shares of Restaurant Group in a report on Tuesday, September 3rd.
In other Restaurant Group news, insider Andy C. Hornby acquired 232,471 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were acquired at an average price of GBX 128 ($1.67) per share, for a total transaction of £297,562.88 ($388,818.61).
Shares of Restaurant Group stock traded down GBX 0.20 ($0.00) during trading on Friday, hitting GBX 140 ($1.83). 1,308,724 shares of the company were exchanged, compared to its average volume of 1,090,000. The firm has a market capitalization of $688.09 million and a P/E ratio of -6.80. Restaurant Group has a 1-year low of GBX 110.10 ($1.44) and a 1-year high of GBX 163.80 ($2.14). The firm’s fifty day moving average price is GBX 141.09 and its 200 day moving average price is GBX 138.56. The company has a debt-to-equity ratio of 92.93, a current ratio of 0.45 and a quick ratio of 0.28.
Restaurant Group Company Profile
The Restaurant Group plc operates restaurants and pub restaurants in the United Kingdom. Its brands include Frankie & Benny's, Chiquito, Coast to Coast, Brunning & Price, Garfunkel's, Firejacks, Wagamama, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars.
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