Numis Maintains Restaurant Group The PLC (LON:RTN) As “Buy”; Has Target Price Of GBX 400.00; Capital International Boosted By $864,000 Its Accenture Plc Cl A (ACN) Position

March 14, 2018 - By Hazel Jackson

Numis currently has a GBX 400.00 TP on the 521.39 million GBP market cap company or 53.73% upside potential. In analysts note sent to investors on Wednesday, 14 March, Restaurant Group The PLC (LON:RTN) stock had its “Buy” Rating maintained by research analysts at Numis.

Capital International Inc increased Accenture Plc Cl A (ACN) stake by 48.12% reported in 2017Q3 SEC filing. Capital International Inc acquired 6,400 shares as Accenture Plc Cl A (ACN)’s stock declined 0.21%. The Capital International Inc holds 19,700 shares with $2.66 million value, up from 13,300 last quarter. Accenture Plc Cl A now has $100.20 billion valuation. The stock increased 0.49% or $0.8 during the last trading session, reaching $162.49. About 2.74 million shares traded or 21.68% up from the average. Accenture plc (NYSE:ACN) has risen 4.27% since March 14, 2017 and is uptrending. It has underperformed by 12.43% the S&P500.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.07, from 1 in 2017Q2. It dropped, as 40 investors sold ACN shares while 370 reduced holdings. 97 funds opened positions while 315 raised stakes. 461.53 million shares or 1.06% less from 466.45 million shares in 2017Q2 were reported. Ellington Mgmt Grp Ltd Liability Corp holds 6,300 shares or 0.15% of its portfolio. South Dakota-based South Dakota Council has invested 0.06% in Accenture plc (NYSE:ACN). Manitoba – Canada-based Great West Life Assurance Can has invested 0.24% in Accenture plc (NYSE:ACN). Moreover, Royal Bank Of Canada has 0.13% invested in Accenture plc (NYSE:ACN) for 1.96M shares. First Manhattan stated it has 0.67% in Accenture plc (NYSE:ACN). Boothbay Fund Lc stated it has 2,496 shares or 0.06% of all its holdings. Spectrum Mngmt Group holds 0.77% or 17,535 shares. Asset Mngmt has invested 0.24% of its portfolio in Accenture plc (NYSE:ACN). Stevens Management LP holds 0.57% or 112,749 shares in its portfolio. Wells Fargo & Mn owns 4.53M shares for 0.19% of their portfolio. City Holding holds 0.05% in Accenture plc (NYSE:ACN) or 1,047 shares. Whittier Trust Company invested 0.11% in Accenture plc (NYSE:ACN). Alexandria Llc owns 25,898 shares. Reynders Mcveigh Cap Mgmt Ltd Liability Corporation accumulated 4,712 shares or 0.08% of the stock. Cadence State Bank Na accumulated 16,463 shares.

Among 26 analysts covering Accenture Plc (NYSE:ACN), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Accenture Plc had 89 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, September 12 by Bank of America. Wedbush maintained Accenture plc (NYSE:ACN) rating on Thursday, March 30. Wedbush has “Outperform” rating and $135 target. The company was maintained on Thursday, December 21 by Robert W. Baird. The firm has “Sell” rating by Goldman Sachs given on Friday, June 23. As per Friday, October 16, the company rating was initiated by Cantor Fitzgerald. The firm earned “Hold” rating on Wednesday, December 27 by Robert W. Baird. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, September 28. The stock has “Overweight” rating by JP Morgan on Monday, March 28. Morgan Stanley maintained the shares of ACN in report on Friday, September 22 with “Equal-Weight” rating. The rating was downgraded by Susquehanna on Tuesday, October 3 to “Neutral”.

Capital International Inc decreased Icici Bank Ltd Adr (NYSE:IBN) stake by 174,800 shares to 1.82M valued at $15.60 million in 2017Q3. It also reduced Ctrip.Com Intl Adr (NASDAQ:CTRP) stake by 38,529 shares and now owns 260,117 shares. Microsoft Corp (NASDAQ:MSFT) was reduced too.

The stock decreased 0.76% or GBX 2 during the last trading session, reaching GBX 260.2. About 379,676 shares traded. The Restaurant Group plc (LON:RTN) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.12, from 1.21 in 2017Q2. It dived, as 42 investors sold The Restaurant Group plc shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. 205.51 million shares or 1.55% less from 208.75 million shares in 2017Q2 were reported. Caxton Associates Lp holds 18,900 shares or 0.13% of its portfolio. Silvercrest Asset Mngmt Group Inc Ltd Liability owns 7,108 shares. 22,536 were accumulated by Davenport Ltd. Private Capital Advsr Inc holds 46,933 shares. Alpine Woods Cap Investors Limited Co reported 104,013 shares. Barnett & holds 0.04% or 428 shares in its portfolio. Marshwinds Advisory Com owns 1.83% invested in The Restaurant Group plc (LON:RTN) for 21,129 shares. Rockefeller Fincl Service Inc holds 0.02% or 4,335 shares in its portfolio. Windward Cap Com Ca owns 2,059 shares. Fjarde Ap invested in 0.26% or 73,767 shares. State Board Of Administration Of Florida Retirement holds 442,512 shares. Hudson Valley Advsrs Inc Adv holds 15,270 shares or 0.74% of its portfolio. Hillsdale Inv Inc reported 0% of its portfolio in The Restaurant Group plc (LON:RTN). Btr Capital Management reported 37,826 shares stake. Moreover, Hanson Mcclain Inc has 0% invested in The Restaurant Group plc (LON:RTN).

Among 21 analysts covering Restaurant Group The PLC (LON:RTN), 10 have Buy rating, 5 Sell and 6 Hold. Therefore 48% are positive. Restaurant Group The PLC has GBX 860 highest and GBX 220 lowest target. GBX 405.26’s average target is 55.75% above currents GBX 260.2 stock price. Restaurant Group The PLC had 201 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Beaufort Securities on Tuesday, May 3 with “Hold”. Investec reinitiated the shares of RTN in report on Wednesday, October 21 with “Buy” rating. Peel Hunt upgraded it to “Add” rating and GBX 350 target in Wednesday, March 8 report. JP Morgan maintained the shares of RTN in report on Thursday, March 9 with “Neutral” rating. The stock of The Restaurant Group plc (LON:RTN) earned “Buy” rating by Canaccord Genuity on Friday, August 21. Numis Securities maintained it with “Buy” rating and GBX 775 target in Monday, February 1 report. The rating was maintained by N+1 Singer on Friday, August 21 with “Hold”. The stock of The Restaurant Group plc (LON:RTN) has “Sell” rating given on Wednesday, May 31 by Berenberg. The firm has “Neutral” rating given on Monday, August 24 by Nomura. The firm earned “Hold” rating on Thursday, May 4 by Peel Hunt.

Since October 2, 2017, it had 0 insider buys, and 11 sales for $23.68 million activity. The insider Jimenez Frank R sold 650 shares worth $121,723. 8,540 shares were sold by Newsome Randa G, worth $1.84M. Shares for $2.77 million were sold by WAJSGRAS DAVID C. $9.67 million worth of The Restaurant Group plc (LON:RTN) was sold by Kennedy Thomas A. Lawrence Taylor W also sold $2.80 million worth of The Restaurant Group plc (LON:RTN) on Tuesday, February 13. On Tuesday, February 13 the insider Wood Michael J sold $861,146. 650 shares were sold by Long Letitia A, worth $120,790.

The Restaurant Group plc operates restaurants and pub restaurants in the United Kingdom. The company has market cap of 521.39 million GBP. The Company’s brands include Frankie & BennyÂ’s, Chiquito, Coast to Coast, Brunning & Price, JoeÂ’s Kitchen, and GarfunkelÂ’s. It has a 15.87 P/E ratio. The firm also operates TRG concessions that provide casual dining, counter service, coffee shops, pubs, and bars in the United KingdomÂ’s airports and railways.

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