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Restaurant Group PLC 23.7% Potential Upside Indicated by HSBC

Restaurant Group PLC with EPIC/TICKER (LON:RTN) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Restaurant Group PLC are listed in the Consumer Services sector within UK Main Market. HSBC have set a target price of 370 GBX on its stock. This indicates the analyst now believes there is a potential upside of 23.7% from today’s opening price of 299.2 GBX. Over the last 30 and 90 trading days the company share price has increased 16.8 points and increased 29.2 points respectively. The 1 year high stock price is 334.6 GBX while the year low stock price is currently 229.2 GBX.

Restaurant Group PLC has a 50 day moving average of 286.60 GBX and a 200 Day Moving Average share price is recorded at 282.60. There are currently 201,067,400 shares in issue with the average daily volume traded being 1,025,554. Market capitalisation for LON:RTN is £589,487,880 GBP.