Peel Hunt Reaffirms Hold Rating for Restaurant Group (LON:RTN)

Share on StockTwits

Restaurant Group (LON:RTN)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently issued reports on RTN. Liberum Capital reissued a “hold” rating on shares of Restaurant Group in a research note on Friday, May 17th. Berenberg Bank reissued a “buy” rating and set a GBX 175 ($2.29) target price on shares of Restaurant Group in a research note on Thursday, June 27th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Restaurant Group in a research note on Wednesday, May 15th. Shore Capital reissued a “buy” rating on shares of Restaurant Group in a research note on Thursday, July 4th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 185 ($2.42) target price on shares of Restaurant Group in a research note on Monday, April 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. Restaurant Group presently has an average rating of “Buy” and an average price target of GBX 189.55 ($2.48).

RTN opened at GBX 134.80 ($1.76) on Tuesday. The company has a quick ratio of 0.40, a current ratio of 0.57 and a debt-to-equity ratio of 77.86. Restaurant Group has a 52-week low of GBX 110.10 ($1.44) and a 52-week high of GBX 222.94 ($2.91). The stock has a market capitalization of $662.54 million and a PE ratio of 56.17. The company’s 50 day simple moving average is GBX 142.39.

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.

Featured Story: The Role of a Fiduciary and Individual Investors

Analyst Recommendations for Restaurant Group (LON:RTN)

Receive News & Ratings for Restaurant Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Group and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Thomson Reuters Corp  Shares Sold by Pictet Asset Management Ltd.
Thomson Reuters Corp Shares Sold by Pictet Asset Management Ltd.
Universal Display Co.  Shares Sold by Pictet Asset Management Ltd.
Universal Display Co. Shares Sold by Pictet Asset Management Ltd.
Pictet Asset Management Ltd. Increases Position in Mosaic Co
Pictet Asset Management Ltd. Increases Position in Mosaic Co
Pictet Asset Management Ltd. Has $4.55 Million Position in NRG Energy Inc
Pictet Asset Management Ltd. Has $4.55 Million Position in NRG Energy Inc
Pictet Asset Management Ltd. Has $4.39 Million Position in Open Text Corp
Pictet Asset Management Ltd. Has $4.39 Million Position in Open Text Corp
Pictet Asset Management Ltd. Buys 4,800 Shares of Tableau Software Inc
Pictet Asset Management Ltd. Buys 4,800 Shares of Tableau Software Inc


© 2006-2019 Ticker Report