Restore (LON:RST) Reaches New 1-Year High – Here’s Why

Restore plc (LON:RSTGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as GBX 315 and last traded at GBX 312, with a volume of 142196 shares changing hands. The stock had previously closed at GBX 310.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on RST. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 435 price target on shares of Restore in a research report on Tuesday, July 28th. Berenberg Bank boosted their price target on shares of Restore from GBX 380 to GBX 430 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 432.50.

View Our Latest Analysis on RST

Restore Price Performance

The stock’s fifty day moving average price is GBX 293.71 and its 200-day moving average price is GBX 268.20. The firm has a market cap of £408.31 million, a PE ratio of -58.42, a price-to-earnings-growth ratio of 0.41 and a beta of 0.12. The company has a debt-to-equity ratio of 123.00, a current ratio of 0.87 and a quick ratio of 1.28.

Restore (LON:RSTGet Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported GBX 3.60 earnings per share for the quarter. Restore had a net margin of 0.87% and a return on equity of 1.30%. As a group, equities analysts expect that Restore plc will post 20.4953032 EPS for the current fiscal year.

Restore Company Profile

(Get Free Report)

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.

Further Reading

Receive News & Ratings for Restore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restore and related companies with MarketBeat.com's FREE daily email newsletter.