Restaurant Group (LON:RTN)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 350 ($4.57) price objective on the stock. Liberum Capital’s target price points to a potential upside of 47.68% from the stock’s current price.
A number of other research analysts have also recently issued reports on RTN. Numis Securities reissued a “buy” rating and issued a GBX 400 ($5.23) price objective on shares of Restaurant Group in a research note on Friday, August 31st. Shore Capital reissued a “buy” rating on shares of Restaurant Group in a research note on Tuesday, September 11th. Peel Hunt restated a “reduce” rating on shares of Restaurant Group in a research report on Wednesday, October 17th. Barclays raised their target price 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 report on Tuesday, October 2nd. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 380 ($4.97) target price on shares of Restaurant Group in a research report on Friday, August 31st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 314.50 ($4.11).
Shares of RTN stock opened at GBX 247.40 ($3.23) on Tuesday. Restaurant Group has a fifty-two week low of GBX 229.20 ($2.99) and a fifty-two week high of GBX 381.70 ($4.99).
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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