Several other brokerages have also recently issued reports on RST. Peel Hunt restated a buy rating on shares of Restore in a research note on Tuesday, February 26th. Berenberg Bank reduced their price objective on Restore from GBX 620 ($8.10) to GBX 515 ($6.73) and set a buy rating on the stock in a research note on Monday, January 14th.
Shares of RST opened at GBX 293 ($3.83) on Monday. Restore has a 12-month low of GBX 213 ($2.78) and a 12-month high of GBX 576.40 ($7.53). The firm has a market cap of $363.15 million and a P/E ratio of 23.07. The company has a current ratio of 1.62, a quick ratio of 1.58 and a debt-to-equity ratio of 62.90.
In related news, insider Sharon Baylay bought 1,750 shares of the company’s stock in a transaction on Monday, March 18th. The shares were purchased at an average cost of GBX 289 ($3.78) per share, with a total value of £5,057.50 ($6,608.52). Also, insider Charles Skinner bought 54,500 shares of the company’s stock in a transaction on Monday, January 14th. The stock was bought at an average cost of GBX 337 ($4.40) per share, for a total transaction of £183,665 ($239,990.85).
Restore Company Profile
Restore plc, together with its subsidiaries, operates as a support services company primarily in the United Kingdom. The company operates through two segments, Document Management and Relocation. The Document Management segment stores and retrieves hard copy documents stored in cardboard boxes; manages archive boxes of document files, magnetic data, films, and other materials for blue-chip organizations; and offers reorganization of customer documents, document restoration, file-tracking, and electronic data back-up services, as well as offers cloud storage that allows access to indexed records.
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