Shares of Restaurant Group PLC (LON:RTN) have earned an average rating of “Buy” from the twelve analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 168.89 ($2.21).

A number of research firms have weighed in on RTN. Berenberg Bank reiterated a “buy” rating and issued a GBX 175 ($2.29) target price on shares of Restaurant Group in a research note on Thursday, June 27th. Liberum Capital reiterated 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. Shore Capital reiterated a “buy” rating on shares of Restaurant Group in a research note on Thursday, July 4th. UBS Group reiterated 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. Finally, Peel Hunt reiterated a “hold” rating on shares of Restaurant Group in a research note on Friday, September 13th.

RTN traded up GBX 0.80 ($0.01) during midday trading on Friday, reaching GBX 140.90 ($1.84). The company had a trading volume of 876,089 shares, compared to its average volume of 1,090,000. The company has a debt-to-equity ratio of 92.93, a quick ratio of 0.28 and a current ratio of 0.45. The stock has a market cap of $692.52 million and a PE ratio of -6.84. Restaurant Group has a 12-month low of GBX 110.10 ($1.44) and a 12-month high of GBX 222.94 ($2.91). The business has a 50-day moving average price of GBX 143.71 and a two-hundred day moving average price of GBX 134.07.

The firm also recently declared a dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, September 12th will be given a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a dividend yield of 1.55%. This is a positive change from Restaurant Group’s previous dividend of $1.47. Restaurant Group’s payout ratio is -0.19%.

In other Restaurant Group news, insider Andy C. Hornby purchased 232,471 shares of the stock in a transaction dated Tuesday, September 10th. The shares were bought at an average price of GBX 128 ($1.67) per share, with a total value of £297,562.88 ($388,818.61).

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, 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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Analyst Recommendations for Restaurant Group (LON:RTN)

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