Restore (LON:RST - Get Free Report) had its target price lifted by equities researchers at Canaccord Genuity Group from GBX 380 ($4.94) to GBX 400 ($5.20) in a research note issued on Thursday,Digital Look reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's price target points to a potential upside of 73.54% from the company's current price.
Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 380 ($4.94) price objective on shares of Restore in a report on Thursday, November 21st.
Get Our Latest Stock Analysis on Restore
Restore Trading Up 1.1 %
Shares of LON RST traded up GBX 2.50 ($0.03) during mid-day trading on Thursday, hitting GBX 230.50 ($2.99). The stock had a trading volume of 535,857 shares, compared to its average volume of 500,520. The business has a 50 day moving average price of GBX 222.42 and a two-hundred day moving average price of GBX 244.54. Restore has a 1 year low of GBX 210 ($2.73) and a 1 year high of GBX 295.88 ($3.84). The company has a debt-to-equity ratio of 100.35, a quick ratio of 1.28 and a current ratio of 1.07. The firm has a market cap of £309.51 million, a P/E ratio of 81.09, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57.
Restore (LON:RST - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported GBX 19 ($0.25) earnings per share (EPS) for the quarter. Restore had a net margin of 1.37% and a return on equity of 1.64%. On average, equities analysts anticipate that Restore will post 20.4953032 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Charles Skinner bought 44,438 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was purchased at an average price of GBX 225 ($2.92) per share, with a total value of £99,985.50 ($129,868.16). Company insiders own 15.23% of the company's stock.
About Restore
(
Get Free Report)
Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors primarily in the United Kingdom. The company operates through two segments, Digital & Information Management, and Secure Lifecycle Services. The company provides document management and recycling; document storage and retrieval; physical, seasonal, and on-site document scanning and IT; relocation; document collection and destruction services; data destruction and recycling of all types of IT assets, such as laptops, servers, and network equipment; recycling electrical waste; software imaging, physical installation, and asset tagging; and hardware and software upgrades and decommissioning solutions through repurposing, recycling, or destruction.
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