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Restaurant Group The PLC (LON:RTN) target price lowered to 350.00GBX, reported today by N+1 Singer

Yesterday Restaurant Group The PLC (LON:RTN) traded 1.05% higher at 353.50GBX. The company’s 50-day moving average is 368.34GBX and its 200-day moving average is 356.07GBX. The last stock close price is down -5.47% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,398,953 shares of the stock were exchanged, up from an average trading volume of 1,263,890

Restaurant Group The PLC (LON:RTN) had its target price lowered to 350.00GBX by N+1 Singer in a report released Wednesday November 30, 2016. The new target price indicates a possible downside of -0.01% based on the company's last stock close price.

Previously on 11/28/2016, HSBC reported about Restaurant Group The PLC (LON:RTN) raised the target price from 0.00GBX to 290.00GBX. At the time, this indicated a possible upside of 0%.

See Chart Below

Restaurant Group The PLC (LON:RTN)

Restaurant Group The PLC has a 52 week low of 229.85GBX and a 52 week high of 692.00GBX with a P/E ratio of 37.82 The company’s market cap is currently 0 GBX.

In addition to N+1 Singer reporting its stock price target, a total of 13 brokerages have issued a research note on the company. The average stock price target is 333.23GBX with 3 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 11 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Restaurant Group The PLC (LON:RTN)

The Restaurant Group plc is a United Kingdom-based company, which operates over 500 restaurants and pub restaurants. The Company operates through operating restaurants segment. Its portfolio covers a range of categories, including table service, counter service, sandwich shops, pubs and bars. The Company's principal trading brands include Frankie & Benny's, Chiquito and Coast to Coast. The Company's Frankie & Benny's brand offers classic American and Italian style food and drinks. The Chiquito menu offers a range of authentic Mexican and Tex-Mex dishes. The Coast to Coast offers classic American food, such as double burgers, stone-baked calzones, distinctive steaks, amazing seafood dishes and South-West American specials. The Company also operates a concessions business, which trades principally at the United Kingdom airports. The Company's concessions business develops partnerships to deliver catering solutions that meet the needs of its clients and clients' customers.

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