Restaurant Group (RTN) Earns “Hold” Rating from Liberum Capital

Restaurant Group (LON:RTN)‘s stock had its “hold” rating restated by analysts at Liberum Capital in a report issued on Monday, November 12th.

Several other analysts also recently weighed in on RTN. Canaccord Genuity decreased their price target on shares of Restaurant Group from GBX 380 ($4.97) to GBX 360 ($4.70) and set a “buy” rating for the company in a research note on Thursday, September 13th. Barclays lifted their price target on shares of Restaurant Group from GBX 295 ($3.85) to GBX 320 ($4.18) and gave the company an “equal weight” rating in a research note on Tuesday, October 2nd. Peel Hunt reaffirmed a “reduce” rating on shares of Restaurant Group in a research note on Wednesday, October 17th. HSBC raised shares of Restaurant Group to a “buy” rating and lifted their price target for the company from GBX 265 ($3.46) to GBX 370 ($4.83) in a research note on Thursday, October 11th. Finally, Citigroup reaffirmed a “buy” rating on shares of Restaurant Group in a research note on Monday, September 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 286.50 ($3.74).

LON RTN traded down GBX 1.30 ($0.02) during trading on Monday, hitting GBX 141 ($1.84). The stock had a trading volume of 2,130,076 shares, compared to its average volume of 1,090,000. Restaurant Group has a one year low of GBX 229.20 ($2.99) and a one year high of GBX 381.70 ($4.99).

In other news, insider Debbie Howard Hewitt purchased 13,659 shares of the business’s stock in a transaction on Monday, December 3rd. The shares were acquired at an average cost of GBX 146 ($1.91) per share, with a total value of £19,942.14 ($26,057.94).

About Restaurant Group

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, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars in the United Kingdom's airports.

Read More: 52-Week High/Low

Analyst Recommendations for Restaurant Group (LON:RTN)

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

Leave a Reply