Restore (LON:RST – Free 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.
Get Our Latest Stock Report on Restore
Restore Trading Down 0.7%
Restore (LON:RST – Get 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
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
- Five stocks we like better than Restore
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Restore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restore and related companies with MarketBeat.com's FREE daily email newsletter.
