Restore (LON:RST) Price Target Raised to GBX 430

Restore (LON:RSTFree Report) had its target price hoisted by Berenberg Bank from GBX 380 to GBX 430 in a research note released on Tuesday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 435 price target on shares of Restore in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 432.50.

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Restore Trading Down 0.7%

Shares of RST stock opened at GBX 284 on Tuesday. The company has a market capitalization of £377.71 million, a PE ratio of -60.43, a price-to-earnings-growth ratio of 0.41 and a beta of 0.11. Restore has a 52-week low of GBX 222 and a 52-week high of GBX 355. The business’s fifty day moving average is GBX 265.89 and its 200 day moving average is GBX 258.49. The company has a debt-to-equity ratio of 123.00, a quick ratio of 1.28 and a current ratio of 0.87.

Restore (LON:RSTGet Free Report) last posted its earnings results on Tuesday, July 28th. The company reported GBX 3.60 EPS for the quarter. Restore had a return on equity of 1.30% and a net margin of 0.87%. On average, equities research analysts anticipate that Restore will post 20.4953032 EPS for the current fiscal year.

Insiders Place Their Bets

In other Restore news, insider Dan Baker sold 55,795 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of GBX 261, for a total transaction of £145,624.95. 16.32% of the stock is owned by insiders.

About Restore

(Get Free Report)

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.

Further Reading

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