Restore (LON:RST) Price Target Raised to GBX 400

Restore (LON:RSTFree Report) had its price target upped by Canaccord Genuity Group from GBX 380 ($4.92) to GBX 400 ($5.17) in a research note published on Thursday,Digital Look reports. They currently have a buy rating on the stock.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 380 ($4.92) target price on shares of Restore in a research note on Thursday, November 21st.

Check Out Our Latest Stock Report on Restore

Restore Stock Performance

LON:RST opened at GBX 228 ($2.95) on Thursday. The firm has a market cap of £306.16 million, a price-to-earnings ratio of 80.21, a PEG ratio of 0.41 and a beta of 0.57. 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 business’s fifty day moving average is GBX 222.42 and its 200 day moving average is GBX 244.79. Restore has a 52-week low of GBX 210 ($2.72) and a 52-week high of GBX 295.88 ($3.83).

Restore (LON:RSTGet Free Report) last announced its earnings results on Thursday, March 13th. The company reported GBX 19 ($0.25) earnings per share for the quarter. Restore had a return on equity of 1.64% and a net margin of 1.37%. Research analysts predict that Restore will post 20.4953032 EPS for the current year.

Insiders Place Their Bets

In other news, insider Charles Skinner acquired 44,438 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of GBX 225 ($2.91) per share, for a total transaction of £99,985.50 ($129,330.62). Corporate insiders own 15.23% of the company’s stock.

Restore Company Profile

(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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