RTN has been the subject of a number of other reports. JPMorgan Chase & Co. lowered their price objective on 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, December 12th. Peel Hunt restated a reduce rating and set a GBX 250 ($3.45) price objective on shares of Restaurant Group in a research note on Thursday, January 25th. Liberum Capital restated a buy rating and set a GBX 430 ($5.94) price objective on shares of Restaurant Group in a research note on Wednesday, February 28th. HSBC upgraded Restaurant Group to a hold rating and set a GBX 265 ($3.66) price objective for the company in a research note on Friday, February 16th. Finally, Numis Securities restated a buy rating and set a GBX 400 ($5.53) price objective on shares of Restaurant Group in a research note on Thursday, January 25th. Five analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. Restaurant Group presently has a consensus rating of Hold and an average target price of GBX 317.69 ($4.39).
Restaurant Group (RTN) opened at GBX 253.04 ($3.50) on Thursday. The company has a market capitalization of $508.78 and a price-to-earnings ratio of 1,581.50. Restaurant Group has a 52 week low of GBX 229.20 ($3.17) and a 52 week high of GBX 385.60 ($5.33).
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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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