Restaurant Group (LON:RTN) Rating Reiterated by Peel Hunt
Peel Hunt restated their hold rating on shares of Restaurant Group (LON:RTN) in a report published on Friday, ThisIsMoney.Co.Uk reports.
Other equities research analysts also recently issued reports about the stock. Berenberg Bank reissued a buy rating and set a GBX 175 ($2.29) price target on shares of Restaurant Group in a research note on Thursday, June 27th. UBS Group reaffirmed a neutral rating and issued a GBX 145 ($1.89) target price on shares of Restaurant Group in a research note on Tuesday, September 3rd. Shore Capital reaffirmed a buy rating on shares of Restaurant Group in a research note on Thursday, July 4th. Finally, Liberum Capital reaffirmed a hold rating and issued a GBX 170 ($2.22) target price on shares of Restaurant Group in a research note on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of GBX 166.50 ($2.18).
RTN opened at GBX 140.20 ($1.83) on Friday. The company has a debt-to-equity ratio of 77.86, a current ratio of 0.57 and a quick ratio of 0.40. The company has a market cap of $689.08 million and a price-to-earnings ratio of 58.42. The firm has a 50 day simple moving average of GBX 144.50 and a 200 day simple moving average of GBX 133.87. Restaurant Group has a fifty-two week low of GBX 110.10 ($1.44) and a fifty-two week high of GBX 222.94 ($2.91).
In other news, insider Andy C. Hornby bought 232,471 shares of the stock in a transaction on Tuesday, September 10th. The stock was purchased at an average price of GBX 128 ($1.67) per share, with a total value of £297,562.88 ($388,818.61).
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, Firejacks, Wagamama, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars.
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