Canaccord Genuity reiterated their buy rating on shares of Restaurant Group (LON:RTN) in a research report sent to investors on Thursday morning. Canaccord Genuity currently has a GBX 380 ($5.25) target price on the stock.
A number of other brokerages have also issued reports on RTN. Peel Hunt reiterated a reduce rating and set a GBX 250 ($3.45) target price on shares of Restaurant Group in a research report on Friday, January 5th. JPMorgan Chase & Co. decreased their target price on Restaurant Group from GBX 380 ($5.25) to GBX 360 ($4.97) and set an overweight rating on the stock in a research report on Tuesday, January 2nd. Shore Capital reiterated a buy rating on shares of Restaurant Group in a research report on Thursday, January 25th. Liberum Capital reiterated a buy rating and set a GBX 430 ($5.94) target price on shares of Restaurant Group in a research report on Thursday, January 25th. Finally, Berenberg Bank decreased their target price on Restaurant Group from GBX 300 ($4.14) to GBX 230 ($3.18) and set a sell rating on the stock in a research report on Thursday, February 15th. Five 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 stock. Restaurant Group currently has an average rating of Hold and an average target price of GBX 317.69 ($4.39).
Restaurant Group (LON RTN) opened at GBX 251 ($3.47) on Thursday. Restaurant Group has a 52-week low of GBX 229.20 ($3.17) and a 52-week high of GBX 386.92 ($5.35). The stock has a market capitalization of $504.68 and a P/E ratio of 1,568.75.
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.
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