The Restaurant Group plc (LON:RTN) Given Average Rating of “Moderate Buy” by Analysts

Shares of The Restaurant Group plc (LON:RTNGet Rating) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 86.40 ($1.06).

Several brokerages have issued reports on RTN. Peel Hunt restated a “buy” rating and set a GBX 90 ($1.10) price objective on shares of The Restaurant Group in a research report on Tuesday, May 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 47 ($0.58) price objective on shares of The Restaurant Group in a research report on Monday, July 11th. Berenberg Bank cut their price objective on shares of The Restaurant Group from GBX 110 ($1.35) to GBX 65 ($0.80) and set a “buy” rating for the company in a research report on Thursday, July 28th. Finally, Shore Capital reiterated a “buy” rating on shares of The Restaurant Group in a research report on Tuesday, July 12th.

Insider Activity

In other The Restaurant Group news, insider Loraine Woodhouse purchased 49,136 shares of the company’s stock in a transaction dated Monday, July 25th. The stock was bought at an average cost of GBX 51 ($0.62) per share, for a total transaction of £25,059.36 ($30,706.24). In other news, insider Loraine Woodhouse acquired 49,136 shares of the stock in a transaction on Monday, July 25th. The stock was acquired at an average cost of GBX 51 ($0.62) per share, for a total transaction of £25,059.36 ($30,706.24). Also, insider Andy C. Hornby acquired 376,263 shares of the stock in a transaction on Friday, July 15th. The shares were purchased at an average price of GBX 42 ($0.51) per share, with a total value of £158,030.46 ($193,641.05).

The Restaurant Group Trading Down 0.4 %

The Restaurant Group stock opened at GBX 49.40 ($0.61) on Friday. The Restaurant Group has a 52 week low of GBX 0.97 ($0.01) and a 52 week high of GBX 130.20 ($1.60). The company has a debt-to-equity ratio of 165.68, a quick ratio of 0.77 and a current ratio of 0.83. The stock has a market capitalization of £377.94 million and a P/E ratio of -9.32. The stock has a 50-day simple moving average of GBX 48.79 and a 200 day simple moving average of GBX 66.57.

About The Restaurant Group

(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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Analyst Recommendations for The Restaurant Group (LON:RTN)

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