Restaurant Group (RTN) Given Buy Rating at Liberum Capital

Liberum Capital restated their buy rating on shares of Restaurant Group (LON:RTN) in a report published on Wednesday.

Other research analysts have also recently issued research reports about the stock. Deutsche Bank lowered their target price on shares of Restaurant Group from GBX 290 ($3.89) to GBX 225 ($3.02) and set a sell rating for the company in a report on Friday, February 2nd. Peel Hunt cut shares of Restaurant Group to a sell rating in a report on Thursday, May 17th. Berenberg Bank lowered their target price on shares of Restaurant Group from GBX 300 ($4.03) to GBX 230 ($3.09) and set a sell rating for the company in a report on Thursday, February 15th. Shore Capital restated a buy rating on shares of Restaurant Group in a report on Wednesday, February 7th. Finally, Citigroup lowered their target price on shares of Restaurant Group from GBX 425 ($5.70) to GBX 410 ($5.50) and set a buy rating for the company in a report on Thursday, March 8th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 320.42 ($4.30).

LON RTN opened at GBX 322.25 ($4.32) on Wednesday. Restaurant Group has a 52 week low of GBX 229.20 ($3.08) and a 52 week high of GBX 381.70 ($5.12).

The firm also recently declared a dividend, which will be paid on Thursday, July 5th. Investors of record on Thursday, June 7th will be paid a dividend of GBX 10.60 ($0.14) per share. The ex-dividend date of this dividend is Thursday, June 7th. This represents a yield of 4.16%. This is a boost from Restaurant Group’s previous dividend of $6.80.

Restaurant Group Company Profile

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, Joe's Kitchen, and Garfunkel's. The company also operates TRG concessions that provide casual dining, counter service, coffee shops, pubs, and bars in the United Kingdom's airports and railways.

Analyst Recommendations for Restaurant Group (LON:RTN)

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