Deutsche Bank Aktiengesellschaft Reaffirms “Hold” Rating for The Restaurant Group (LON:RTN)

The Restaurant Group (LON:RTNGet Rating)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, reports. They currently have a GBX 47 ($0.57) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 14.63% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Berenberg Bank reduced their price target on shares of The Restaurant Group from GBX 110 ($1.33) to GBX 65 ($0.79) and set a “buy” rating on the stock in a report on Thursday, July 28th. Shore Capital reiterated a “buy” rating on shares of The Restaurant Group in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, The Restaurant Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 86.40 ($1.04).

The Restaurant Group Price Performance

The Restaurant Group stock opened at GBX 41 ($0.50) on Thursday. The firm has a market capitalization of £313.68 million and a PE ratio of -7.74. The Restaurant Group has a 52 week low of GBX 0.97 ($0.01) and a 52 week high of GBX 115 ($1.39). The firm’s 50-day simple moving average is GBX 45.86 and its 200 day simple moving average is GBX 53.78. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 165.68.

Insider Activity at The Restaurant Group

In other news, insider Loraine Woodhouse bought 49,136 shares of the stock in a transaction on Monday, July 25th. The stock was purchased at an average cost of GBX 51 ($0.62) per share, with a total value of £25,059.36 ($30,279.56). In other The Restaurant Group news, insider Loraine Woodhouse acquired 49,136 shares of the firm’s stock in a transaction dated Monday, July 25th. The shares were acquired at an average price of GBX 51 ($0.62) per share, for a total transaction of £25,059.36 ($30,279.56). Also, insider Andy C. Hornby bought 376,263 shares of the company’s stock in a transaction that occurred on Friday, July 15th. The stock was acquired at an average price of GBX 42 ($0.51) per share, with a total value of £158,030.46 ($190,950.29).

About The Restaurant Group

(Get Rating)

The Restaurant Group plc operates restaurants and pubs in the United Kingdom. Its brands include Wagamama, Frankie & Benny's, Brunning & Price, Chiquito, Coast to Coast, Firejacks, Garfunkel's, and Joe's Kitchen. The company also operates TRG concessions that provide table and counter services, as well as sandwich shops, pubs, and bars.

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Analyst Recommendations for The Restaurant Group (LON:RTN)

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