Berenberg Bank Reiterates Buy Rating for Restaurant Group (LON:RTN)

Berenberg Bank reaffirmed their buy rating on shares of Restaurant Group (LON:RTN) in a report issued on Friday, Stock Target Advisor reports.

Other analysts have also recently issued reports about the company. Royal Bank of Canada cut Restaurant Group to a sector performer rating and dropped their price target for the stock from GBX 180 ($2.37) to GBX 170 ($2.24) in a research report on Friday, January 10th. Peel Hunt reiterated a hold rating on shares of Restaurant Group in a research report on Tuesday, November 26th. Finally, Liberum Capital reiterated a hold rating on shares of Restaurant Group in a research report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 161.25 ($2.12).

Shares of RTN opened at GBX 137 ($1.80) on Friday. The company has a debt-to-equity ratio of 92.93, a quick ratio of 0.28 and a current ratio of 0.45. Restaurant Group has a one year low of GBX 110.10 ($1.45) and a one year high of GBX 167.70 ($2.21). The stock has a market capitalization of $663.52 million and a price-to-earnings ratio of -6.65. The stock has a 50 day moving average price of GBX 152.94 and a 200 day moving average price of GBX 144.60.

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, Firejacks, Wagamama, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars.

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Analyst Recommendations for Restaurant Group (LON:RTN)

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