Restaurant Group (LON:RTN) Raised to Buy at Peel Hunt

Share on StockTwits

Restaurant Group (LON:RTN) was upgraded by research analysts at Peel Hunt to a “buy” rating in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports. The brokerage presently has a GBX 100 ($1.32) target price on the stock, down from their previous target price of GBX 120 ($1.58). Peel Hunt’s price target suggests a potential upside of 112.77% from the company’s current price.

Several other research analysts have also issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Restaurant Group in a report on Wednesday, February 26th. UBS Group reiterated a “sell” rating on shares of Restaurant Group in a report on Friday, February 21st. Royal Bank of Canada cut their price target on Restaurant Group from GBX 170 ($2.24) to GBX 90 ($1.18) and set a “sector performer” rating on the stock in a report on Thursday, March 19th. Berenberg Bank reiterated a “buy” rating on shares of Restaurant Group in a report on Monday, February 10th. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 110 ($1.45) price target (down previously from GBX 150 ($1.97)) on shares of Restaurant Group in a report on Wednesday, March 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 135 ($1.78).

LON RTN opened at GBX 47 ($0.62) on Friday. The business has a 50 day simple moving average of GBX 90.30 and a 200 day simple moving average of GBX 130.28. Restaurant Group has a one year low of GBX 44.42 ($0.58) and a one year high of GBX 167.70 ($2.21). The stock has a market capitalization of $196.50 million and a P/E ratio of -5.73. The company has a debt-to-equity ratio of 85.44, a current ratio of 0.50 and a quick ratio of 0.32.

Restaurant Group (LON:RTN) last announced its quarterly earnings results on Wednesday, February 26th. The company reported GBX 11.87 ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of GBX 11.90 ($0.16) by GBX (0.03) ($0.00). Equities analysts expect that Restaurant Group will post 2144.0001921 earnings per share for the current year.

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.

Featured Story: How is diluted EPS different from basic EPS?

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

Mitchell Mcleod Pugh & Williams Inc. Has $252,000 Holdings in General Electric
Mitchell Mcleod Pugh & Williams Inc. Has $252,000 Holdings in General Electric
Mitchell Mcleod Pugh & Williams Inc. Acquires 500 Shares of Starbucks Co.
Mitchell Mcleod Pugh & Williams Inc. Acquires 500 Shares of Starbucks Co.
Bank of America  PT Lowered to $20.00 at UBS Group
Bank of America PT Lowered to $20.00 at UBS Group
IFM Investors Pty Ltd Sells 5,253 Shares of Walmart Inc
IFM Investors Pty Ltd Sells 5,253 Shares of Walmart Inc
Macquarie Group Ltd. Has $2.83 Million Position in Valero Energy Co.
Macquarie Group Ltd. Has $2.83 Million Position in Valero Energy Co.
Marquette Asset Management LLC Increases Stock Position in Boeing Co
Marquette Asset Management LLC Increases Stock Position in Boeing Co


© 2006-2020 Ticker Report