Jefferies Financial Group Analysts Lift Earnings Estimates for The Restaurant Group plc (OTCMKTS:RSTGF)

The Restaurant Group plc (OTCMKTS:RSTGF – Get Rating) – Equities researchers at Jefferies Financial Group lifted their FY2025 EPS estimates for The Restaurant Group in a research report issued to clients and investors on Thursday, March 16th. Jefferies Financial Group analyst J. Wheatcroft now expects that the company will earn $0.05 per share for the year, up from their previous estimate of $0.03. The consensus estimate for The Restaurant Group’s current full-year earnings is $0.03 per share.

Several other research analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of The Restaurant Group from GBX 47 ($0.57) to GBX 42 ($0.51) in a report on Wednesday, January 18th. HSBC cut shares of The Restaurant Group from a “buy” rating to a “hold” rating in a research note on Tuesday, January 31st. Finally, Barclays cut their price target on shares of The Restaurant Group from GBX 70 ($0.85) to GBX 50 ($0.61) in a research note on Thursday, March 9th.

The Restaurant Group Stock Performance

Shares of RSTGF opened at $0.31 on Friday. The Restaurant Group has a 12 month low of $0.25 and a 12 month high of $0.43. The firm has a fifty day simple moving average of $0.31 and a 200 day simple moving average of $0.42.

The Restaurant Group Company Profile

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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.