Shore Capital Reaffirms “Buy” Rating for Restaurant Group (RTN)

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Restaurant Group (LON:RTN)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research report issued on Thursday.

RTN has been the subject of a number of other research reports. Peel Hunt reiterated a “hold” rating on shares of Restaurant Group in a research note on Friday, January 4th. Barclays reduced their target price on shares of Restaurant Group from GBX 320 ($4.18) to GBX 165 ($2.16) and set an “equal weight” rating for the company in a research note on Wednesday, February 6th. Liberum Capital restated a “hold” rating on shares of Restaurant Group in a research note on Monday, November 12th. Canaccord Genuity restated a “buy” rating and issued a GBX 360 ($4.70) target price on shares of Restaurant Group in a research note on Tuesday, October 30th. Finally, UBS Group upgraded shares of Restaurant Group to a “neutral” rating and reduced their target price for the stock from GBX 172 ($2.25) to GBX 155 ($2.03) in a research note on Thursday, January 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. Restaurant Group currently has a consensus rating of “Hold” and a consensus price target of GBX 220 ($2.87).

Shares of LON:RTN opened at GBX 131.10 ($1.71) on Thursday. Restaurant Group has a 1-year low of GBX 229.20 ($2.99) and a 1-year high of GBX 381.70 ($4.99).

In other news, insider Debbie Howard Hewitt bought 13,659 shares of Restaurant Group stock in a transaction dated Monday, December 3rd. The stock was bought at an average price of GBX 146 ($1.91) per share, for a total transaction of £19,942.14 ($26,057.94).

Restaurant Group Company Profile

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

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Analyst Recommendations for Restaurant Group (LON:RTN)

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