Debbie Howard Hewitt Acquires 13,659 Shares of Restaurant Group PLC (RTN) Stock

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Restaurant Group PLC (LON:RTN) insider Debbie Howard Hewitt bought 13,659 shares of Restaurant Group stock in a transaction that occurred on Monday, December 3rd. The shares were acquired at an average price of GBX 146 ($1.91) per share, with a total value of £19,942.14 ($26,057.94).

LON RTN opened at GBX 145 ($1.89) on Thursday. Restaurant Group PLC has a 1 year low of GBX 229.20 ($2.99) and a 1 year high of GBX 381.70 ($4.99).

Several brokerages recently commented on RTN. Peel Hunt reduced their target price on shares of Restaurant Group from GBX 250 ($3.27) to GBX 160 ($2.09) and set a “hold” rating for the company in a report on Wednesday. HSBC reduced their target price on shares of Restaurant Group from GBX 221 ($2.89) to GBX 190 ($2.48) and set a “buy” rating for the company in a report on Tuesday. Liberum Capital restated a “hold” rating on shares of Restaurant Group in a report on Monday, November 12th. Shore Capital restated a “buy” rating on shares of Restaurant Group in a report on Monday, November 12th. Finally, Citigroup restated a “neutral” rating and set a GBX 270 ($3.53) target price (down previously from GBX 410 ($5.36)) on shares of Restaurant Group in a report on Wednesday, October 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. Restaurant Group has an average rating of “Hold” and a consensus price target of GBX 286.50 ($3.74).

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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, and Joe's Kitchen. The company also operates TRG concessions that provide table service, counter service, sandwich shops, pubs, and bars in the United Kingdom's airports.

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