Restaurant Group PLC (LON:RTN) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $133.43 and traded as high as $145.80. Restaurant Group shares last traded at $145.00, with a volume of 490,268 shares trading hands.
Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Restaurant Group in a research note on Wednesday, May 15th. Berenberg Bank reiterated a “buy” rating and issued a GBX 175 ($2.29) target price on shares of Restaurant Group in a research note on Thursday, June 27th. Shore Capital reiterated a “buy” rating on shares of Restaurant Group in a research note on Thursday, July 4th. Liberum Capital reiterated a “hold” rating on shares of Restaurant Group in a research note on Friday, May 17th. Finally, Peel Hunt reiterated a “hold” rating on shares of Restaurant Group in a research note on Tuesday, August 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. Restaurant Group presently has an average rating of “Buy” and a consensus price target of GBX 189.55 ($2.48).
The stock has a market cap of $715.13 million and a P/E ratio of 60.63. The company has a debt-to-equity ratio of 77.86, a current ratio of 0.57 and a quick ratio of 0.40. The business’s 50 day simple moving average is GBX 143.77 and its 200 day simple moving average is GBX 133.40.
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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