Restaurant Group The PLC (LON:RTN) target price lowered to 350.00GBX, reported today by N+1 Singer
- Updated: November 29, 2016
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 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.