Restaurant Group (LON:RTN)‘s stock had its “hold” rating reissued by Peel Hunt in a research report issued on Thursday.
A number of other research analysts also recently issued reports on the stock. Barclays decreased their target price on shares of Restaurant Group from GBX 320 ($4.18) to GBX 165 ($2.16) and set an “equal weight” rating for the company in a research report on Wednesday, February 6th. Royal Bank of Canada began coverage on shares of Restaurant Group in a research report on Thursday, January 31st. They set an “outperform” rating and a GBX 200 ($2.61) target price for the company. Liberum Capital restated a “hold” rating and set a GBX 180 ($2.35) target price on shares of Restaurant Group in a research report on Thursday, January 24th. Shore Capital restated a “buy” rating on shares of Restaurant Group in a research report on Thursday, January 24th. Finally, Berenberg Bank decreased their target price on shares of Restaurant Group from GBX 270 ($3.53) to GBX 170 ($2.22) and set a “hold” rating for the company in a research report on Thursday, January 17th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. Restaurant Group has an average rating of “Buy” and a consensus target price of GBX 220.45 ($2.88).
Get Restaurant Group alerts:LON RTN opened at GBX 135.30 ($1.77) on Thursday. Restaurant Group has a 1 year low of GBX 229.20 ($2.99) and a 1 year high of GBX 381.70 ($4.99).
In other news, insider Debbie Howard Hewitt acquired 13,659 shares of the business’s stock in a transaction on Monday, December 3rd. The stock was bought at an average price 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.
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