Restaurant Group PLC 29.6% Potential Upside Indicated by Berenberg

Broker Ratings
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Restaurant Group PLC using EPIC/TICKER code (LON:RTN) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Restaurant Group PLC are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 175 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 29.6% from the opening price of 135 GBX. Over the last 30 and 90 trading days the company share price has decreased 19.2 points and decreased 30.81 points respectively. The 1 year high for the share price is 244.41 GBX while the 52 week low for the stock is 124 GBX.

Restaurant Group PLC has a 50 day moving average of 150.68 GBX and a 200 day moving average of 192.36. There are currently 491,496,230 shares in issue with the average daily volume traded being 1,503,709. Market capitalisation for LON:RTN is £665,485,865 GBP.

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