Restaurant Group (RTN) Stock Rating Reaffirmed by Peel Hunt

Restaurant Group (LON:RTN)‘s stock had its “hold” rating restated by equities researchers at Peel Hunt in a note issued to investors on Thursday.

A number of other analysts have also recently commented on RTN. Barclays cut 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. HSBC cut their target price on shares of Restaurant Group from GBX 221 ($2.89) to GBX 190 ($2.48) and set a “buy” rating for the company in a research note on Tuesday, December 4th. Liberum Capital reissued a “hold” rating and set a GBX 180 ($2.35) target price on shares of Restaurant Group in a research note on Thursday, January 24th. UBS Group raised shares of Restaurant Group to a “neutral” rating and cut their target price for the stock from GBX 172 ($2.25) to GBX 155 ($2.03) in a research note on Thursday, January 10th. Finally, Royal Bank of Canada began coverage on shares of Restaurant Group in a research note on Thursday, January 31st. They set an “outperform” rating and a GBX 200 ($2.61) target price for the company. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 220 ($2.87).

RTN stock opened at GBX 131.10 ($1.71) on Thursday. Restaurant Group has a 52 week low of GBX 229.20 ($2.99) and a 52 week high of GBX 381.70 ($4.99).

In other Restaurant Group news, insider Debbie Howard Hewitt acquired 13,659 shares of the company’s stock in a transaction that occurred on Monday, December 3rd. The stock was bought at an average price of GBX 146 ($1.91) per share, with a total value of £19,942.14 ($26,057.94).

About Restaurant Group

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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