Restaurant Group (RTN) Upgraded by HSBC to Hold

HSBC upgraded shares of Restaurant Group (LON:RTN) to a hold rating in a research note released on Friday. The brokerage currently has GBX 265 ($3.66) price target on the stock.

A number of other equities analysts also recently issued reports on RTN. Peel Hunt decreased their price target on shares of Restaurant Group from GBX 300 ($4.14) to GBX 275 ($3.80) and set a reduce rating for the company in a research note on Wednesday, October 25th. JPMorgan Chase & Co. decreased their price target on shares of 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. Liberum Capital reissued a buy rating and issued a GBX 430 ($5.94) price target on shares of Restaurant Group in a research note on Thursday, January 25th. Shore Capital reissued a buy rating on shares of Restaurant Group in a research note on Thursday, January 25th. Finally, Numis Securities reissued a buy rating and issued a GBX 400 ($5.53) price target on shares of Restaurant Group in a research note on Thursday, January 25th. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of GBX 332.86 ($4.60).

Restaurant Group (LON RTN) opened at GBX 262.20 ($3.62) on Friday. Restaurant Group has a one year low of GBX 240 ($3.32) and a one year high of GBX 386.92 ($5.35). The stock has a market cap of $527.20 and a PE ratio of -3,277.50.

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Restaurant Group Company Profile

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.

Analyst Recommendations for Restaurant Group (LON:RTN)

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