Debbie Howard Hewitt Purchases 13,659 Shares of Restaurant Group PLC (RTN) Stock

Restaurant Group PLC (LON:RTN) insider Debbie Howard Hewitt acquired 13,659 shares of the firm’s stock in a transaction on Monday, December 3rd. The shares were bought at an average cost of GBX 146 ($1.91) per share, for a total transaction of £19,942.14 ($26,057.94).

Shares of RTN opened at GBX 141 ($1.84) on Wednesday. Restaurant Group PLC has a one year low of GBX 229.20 ($2.99) and a one year high of GBX 381.70 ($4.99).

RTN has been the topic of a number of recent research reports. Peel Hunt reaffirmed a “sell” rating and set a GBX 220 ($2.87) price objective on shares of Restaurant Group in a report on Tuesday, August 28th. Shore Capital reaffirmed a “buy” rating on shares of Restaurant Group in a report on Monday, November 12th. Berenberg Bank raised Restaurant Group to a “hold” rating and lifted their price objective for the company from GBX 250 ($3.27) to GBX 270 ($3.53) in a report on Monday, September 3rd. Liberum Capital reaffirmed a “hold” rating on shares of Restaurant Group in a report on Monday, November 12th. Finally, Numis Securities reaffirmed a “buy” rating and set a GBX 400 ($5.23) price objective on shares of Restaurant Group in a report on Friday, August 31st. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. Restaurant Group presently has an average rating of “Hold” and an average price target of GBX 295.50 ($3.86).

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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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