Restore (LON:RST) Given New GBX 400 Price Target at Canaccord Genuity Group

Restore (LON:RST) had its price target raised by Canaccord Genuity Group from GBX 380 ($4.92) to GBX 400 ($5.17) in a research report report published on Thursday,Digital Look reports. The firm currently has a buy rating on the stock.

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

Restore Trading Up 1.3 %

Shares of RST stock opened at GBX 228 ($2.95) on Thursday. The stock has a market capitalization of £306.16 million, a PE ratio of 80.21, a P/E/G ratio of 0.41 and a beta of 0.57. Restore has a 1-year low of GBX 210 ($2.72) and a 1-year high of GBX 295.88 ($3.83). The business has a 50-day moving average of GBX 222.42 and a 200 day moving average of GBX 244.79. The company has a debt-to-equity ratio of 100.35, a current ratio of 1.07 and a quick ratio of 1.28.

Restore (LON:RST) last issued 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%. As a group, sell-side analysts anticipate that Restore will post 20.4953032 earnings per share for the current year.

Insiders Place Their Bets

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

About Restore

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.