Restaurant Group PLC (LON:RTN) had its price target lowered by Peel Hunt from GBX 300 ($3.96) to GBX 275 ($3.63) in a research report released on Wednesday. The firm currently has a reduce rating on the stock.
Other analysts also recently issued research reports about the stock. Shore Capital reissued a buy rating on shares of Restaurant Group PLC in a research report on Thursday, August 31st. Beaufort Securities reaffirmed a hold rating on shares of Restaurant Group PLC in a report on Friday, September 1st. Canaccord Genuity dropped their price objective on shares of Restaurant Group PLC from GBX 430 ($5.67) to GBX 400 ($5.28) and set a buy rating on the stock in a report on Tuesday, September 5th. N+1 Singer reaffirmed a buy rating and issued a GBX 415 ($5.48) price objective on shares of Restaurant Group PLC in a report on Thursday, August 31st. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 430 ($5.67) price objective on shares of Restaurant Group PLC in a report on Thursday, August 31st. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of GBX 355.77 ($4.69).
Restaurant Group PLC (LON:RTN) opened at 296.20 on Wednesday. The firm has a 50-day moving average of GBX 303.11 and a 200 day moving average of GBX 329.40. The company’s market capitalization is GBX 593.58 million. Restaurant Group PLC has a 52-week low of GBX 281.36 and a 52-week high of GBX 392.40.
TRADEMARK VIOLATION NOTICE: This story was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright law. The legal version of this story can be accessed at https://www.dispatchtribunal.com/2017/10/28/peel-hunt-trims-restaurant-group-plc-rtn-target-price-to-gbx-275.html.
The company also recently announced a dividend, which was paid on Thursday, October 12th. Investors of record on Thursday, September 14th were paid a GBX 6.80 ($0.09) dividend. This represents a dividend yield of 2.02%. The ex-dividend date was Thursday, September 14th.
About Restaurant Group PLC
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.
Receive News & Ratings for Restaurant Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.