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Restaurant Group The PLC (LON:RTN) target price raised to 290.00GBX, issued a report today by HSBC

Yesterday Restaurant Group The PLC (LON:RTN) traded -3.44% lower at 0.00GBX. The company’s 50-day moving average is 369.09GBX and its 200-day moving average is 355.20GBX. The last closing price is down -6.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 87,124 shares of the stock were exchanged, down from an average trading volume of 1,364,940

Restaurant Group The PLC (LON:RTN) had its target price raised to 290.00GBX by HSBC in a report released 11/28/2016. The new target price indicates consistent performance relative to the company's last closing price.

Previously on Wednesday November 23, 2016, Barclays Capital reported on Restaurant Group The PLC (LON:RTN) raised the target price from 321.00GBX to 390.00GBX. 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 37.24 The company’s market cap is currently 0 GBX.

In addition to HSBC reporting its target price, a total of 13 brokers have issued a report on the stock. The consensus target price is 333.23GBX with 3 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About 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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