The Restaurant Group (OTCMKTS:RSTGF – Get Rating) had its target price cut by Deutsche Bank Aktiengesellschaft from GBX 47 ($0.57) to GBX 42 ($0.51) in a research note published on Wednesday, The Fly reports.
Separately, Berenberg Bank cut shares of The Restaurant Group from a buy rating to a hold rating in a report on Wednesday, October 12th.
The Restaurant Group Price Performance
RSTGF opened at $0.31 on Wednesday. The firm has a 50 day moving average price of $0.33 and a 200-day moving average price of $0.57. The Restaurant Group has a twelve month low of $0.25 and a twelve month high of $0.43.
The Restaurant Group Company Profile
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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