Shore Capital Reiterates “Buy” Rating for The Restaurant Group (LON:RTN)

The Restaurant Group (LON:RTN – Get Rating)‘s stock had its “buy” rating reiterated by Shore Capital in a report released on Friday, Marketbeat Ratings reports.

A number of other research analysts also recently issued reports on RTN. Peel Hunt reaffirmed a “buy” rating and set a GBX 60 ($0.73) price target on shares of The Restaurant Group in a report on Wednesday, March 8th. Numis Securities reaffirmed a “buy” rating and set a GBX 68 ($0.83) price target on shares of The Restaurant Group in a report on Thursday, February 16th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 56 ($0.68).

The Restaurant Group Trading Up 2.4 %

Shares of LON:RTN opened at GBX 39.68 ($0.48) on Friday. The company has a market cap of £303.58 million, a P/E ratio of -440.89, a PEG ratio of 0.94 and a beta of 2.28. The company has a debt-to-equity ratio of 160.37, a current ratio of 0.28 and a quick ratio of 0.43. The Restaurant Group has a 1 year low of GBX 25.06 ($0.31) and a 1 year high of GBX 79 ($0.96). The stock’s fifty day moving average price is GBX 36.87 and its 200-day moving average price is GBX 34.87.

About The Restaurant Group

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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.