The Restaurant Group plc (LON:RTN – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as GBX 67 ($0.82) and last traded at GBX 65.42 ($0.80), with a volume of 477902 shares changing hands. The stock had previously closed at GBX 65.30 ($0.80).
Analysts Set New Price Targets
A number of equities research analysts have weighed in on RTN shares. Barclays reaffirmed an “underweight” rating and set a GBX 50 ($0.61) target price on shares of The Restaurant Group in a research report on Thursday, September 7th. Numis Securities reaffirmed a “buy” rating and set a GBX 59 ($0.72) target price on shares of The Restaurant Group in a research report on Monday, September 11th. Finally, Shore Capital restated a “buy” rating on shares of The Restaurant Group in a report on Thursday, October 12th.
Get Our Latest Analysis on RTN
The Restaurant Group Trading Down 0.5 %
The Restaurant Group Company Profile
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, and Barburrito. The company also operates TRG concessions that provide table and counter services, as well as sandwich shops, pubs, and bars.
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