Peel Hunt restated their hold rating on shares of Restaurant Group (LON:RTN) in a research report sent to investors on Friday, ThisIsMoney.Co.Uk reports.
Other research analysts have also recently issued reports about the company. Berenberg Bank reissued a buy rating on shares of Restaurant Group in a research note on Friday, April 5th. Stifel Nicolaus reissued a buy rating and set a GBX 170 ($2.22) target price on shares of Restaurant Group in a research note on Monday, March 25th. Canaccord Genuity reissued a buy rating and set a GBX 190 ($2.48) target price on shares of Restaurant Group in a research note on Friday, March 15th. Shore Capital reissued a buy rating on shares of Restaurant Group in a research note on Friday, March 15th. Finally, Barclays lowered their target price on Restaurant Group from GBX 320 ($4.18) to GBX 165 ($2.16) and set an equal weight rating for the company in a research note on Wednesday, February 6th. One analyst has rated the stock with a sell rating, four have issued 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 an average target price of GBX 189.55 ($2.48).
RTN opened at GBX 130.30 ($1.70) on Friday. Restaurant Group has a 12 month low of GBX 110.10 ($1.44) and a 12 month high of GBX 244.41 ($3.19). The firm has a market cap of $639.52 million and a P/E ratio of 54.29. The company has a quick ratio of 0.40, a current ratio of 0.57 and a debt-to-equity ratio of 77.86.
The firm also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 6th will be given a dividend of GBX 1.47 ($0.02) per share. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 1.25%. Restaurant Group’s dividend payout ratio is currently 2.50%.
About Restaurant Group
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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