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Restaurant Group PLC 12.2% Potential Upside Indicated by Berenberg

Restaurant Group PLC using EPIC/TICKER code (LON:RTN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning 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 170 GBX on its stock. This now indicates the analyst believes there is a possible upside of 12.2% from the opening price of 151.5 GBX. Over the last 30 and 90 trading days the company share price has increased 3 points and decreased 60.63 points respectively. The 1 year high stock price is 244.41 GBX while the year low stock price is currently 127 GBX.

Restaurant Group PLC has a 50 day moving average of 157.71 GBX and the 200 Day Moving Average price is recorded at 199.50. There are currently 491,496,230 shares in issue with the average daily volume traded being 2,563,320. Market capitalisation for LON:RTN is £742,159,307 GBP.