The Restaurant Group (OTCMKTS:RSTGF) Rating Increased to Hold at Zacks Investment Research

The Restaurant Group (OTCMKTS:RSTGFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday, Zacks.com reports.

According to Zacks, “Restaurant Group plc operates branded restaurants and pubs. Its brand portfolio includes Frankie & Benny’s, Chiquito, Coast to Coast, Garfunkel’s, Brunning & Price, Joe’s Kitchen and TRG Concessions. The company operates primarily in United Kingdom. Restaurant Group plc is based in London, United Kingdom. “

Other equities research analysts have also recently issued reports about the company. Peel Hunt raised The Restaurant Group to a “buy” rating in a report on Thursday, March 10th. Berenberg Bank upgraded The Restaurant Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $110.00 to $125.00 in a research report on Thursday, January 6th. Finally, Barclays downgraded shares of The Restaurant Group from an “equal weight” rating to an “underweight” rating and set a $70.00 target price on the stock. in a research report on Friday, March 25th.

OTCMKTS RSTGF opened at $0.85 on Wednesday. The Restaurant Group has a 12 month low of $0.06 and a 12 month high of $1.75. The stock’s fifty day moving average price is $1.05 and its 200-day moving average price is $1.10.

The Restaurant Group Company Profile (Get Rating)

The Restaurant Group plc operates restaurants and pubs in the United Kingdom. Its brands include Wagamama, Frankie & Benny's, Brunning & Price, Chiquito, Coast to Coast, Firejacks, Garfunkel's, and Joe's Kitchen. The company also operates TRG concessions that provide table and counter services, as well as sandwich shops, pubs, and bars.

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