Jefferies Financial Group Boosts The Restaurant Group (OTCMKTS:RSTGF) Price Target to GBX 50

The Restaurant Group (OTCMKTS:RSTGF – Get Rating) had its price objective lifted by Jefferies Financial Group from GBX 45 ($0.55) to GBX 50 ($0.61) in a report published on Wednesday, The Fly reports. Jefferies Financial Group also issued estimates for The Restaurant Group’s FY2025 earnings at $0.05 EPS.

Several other equities analysts have also recently weighed in on RSTGF. Deutsche Bank Aktiengesellschaft dropped their price target on shares of The Restaurant Group from GBX 47 ($0.57) to GBX 42 ($0.51) in a research report on Wednesday, January 18th. Barclays dropped their target price on shares of The Restaurant Group from GBX 70 ($0.85) to GBX 50 ($0.61) in a research report on Thursday, March 9th. Finally, HSBC cut shares of The Restaurant Group from a buy rating to a hold rating in a research report on Tuesday, January 31st.

The Restaurant Group Price Performance

Shares of OTCMKTS RSTGF opened at $0.31 on Wednesday. The Restaurant Group has a fifty-two week low of $0.25 and a fifty-two week high of $0.43. The firm’s 50-day simple moving average is $0.31 and its 200 day simple moving average is $0.41.

The Restaurant Group Company Profile

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The Restaurant Group plc operates restaurants and pubs in the United Kingdom. Its brands include Wagamama, Frankie & Benny's, Brunning & Price, Chiquito, Coast to Coast, Firejacks, Garfunkel's, and Joe's Kitchen. The company also operates TRG concessions that provide table and counter services, as well as sandwich shops, pubs, and bars.