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Restaurant Group PLC 27.8% Potential Upside Indicated by JP Morgan Cazenove

Restaurant Group PLC with EPIC/TICKER (LON:RTN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Restaurant Group PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 360 GBX on its stock. This now indicates the analyst believes there is a possible upside of 27.8% from today’s opening price of 281.6 GBX. Over the last 30 and 90 trading days the company share price has increased 3.7 points and decreased 27.9 points respectively. The 1 year high for the stock price is 386.92 GBX while the year low stock price is currently 273.4 GBX.

Restaurant Group PLC has a 50 day moving average of 298.54 GBX and a 200 Day Moving Average share price is recorded at 329.55. There are currently 201,067,411 shares in issue with the average daily volume traded being 761,471. Market capitalisation for LON:RTN is £559,771,660 GBP.