Restaurant Group (LON:RTN) had its price target decreased by Peel Hunt from GBX 250 ($3.45) to GBX 220 ($3.04) in a research report sent to investors on Monday, February 26th. Peel Hunt currently has a reduce rating on the stock.
RTN has been the topic of a number of other research reports. HSBC upgraded shares of Restaurant Group to a hold rating and set a GBX 265 ($3.66) price target on the stock in a report on Friday, February 16th. JPMorgan Chase & Co. decreased their price target on shares of Restaurant Group from GBX 380 ($5.25) to GBX 360 ($4.97) and set an overweight rating for the company in a research note on Tuesday, January 2nd. Berenberg Bank reduced their price objective on shares of Restaurant Group from GBX 300 ($4.14) to GBX 230 ($3.18) and set a sell rating for the company in a report on Thursday, February 15th. Liberum Capital reiterated a buy rating and set a GBX 430 ($5.94) price objective on shares of Restaurant Group in a report on Thursday, January 25th. Finally, Shore Capital restated a buy rating on shares of Restaurant Group in a report on Wednesday, February 7th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 316.92 ($4.38).
Restaurant Group (LON:RTN) traded down GBX 3.20 ($0.04) during midday trading on Monday, hitting GBX 259 ($3.58). 1,440,000 shares of the company traded hands, compared to its average volume of 1,030,000. Restaurant Group has a twelve month low of GBX 229.20 ($3.17) and a twelve month high of GBX 381.70 ($5.27). The firm has a market cap of $520.76 and a price-to-earnings ratio of 1,618.75.
ILLEGAL ACTIVITY WARNING: This report was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://ledgergazette.com/2018/03/14/peel-hunt-lowers-restaurant-group-rtn-price-target-to-gbx-220.html.
Restaurant Group Company Profile
The Restaurant Group plc is a United Kingdom-based company, which operates over 500 restaurants and pub restaurants. The Company operates through operating restaurants segment. Its portfolio covers a range of categories, including table service, counter service, sandwich shops, pubs and bars. The Company’s principal trading brands include Frankie & Benny’s, Chiquito and Coast to Coast.
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.