Restore's (RST) "Buy" Rating Reaffirmed at Canaccord Genuity Group

Restore (LON:RST - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Canaccord Genuity Group in a report issued on Thursday, Marketbeat.com reports. They currently have a GBX 380 ($4.77) target price on the stock. Canaccord Genuity Group's price objective would suggest a potential upside of 43.94% from the company's current price.

Restore Stock Up 3.1 %

LON:RST traded up GBX 8 ($0.10) during mid-day trading on Thursday, hitting GBX 264 ($3.32). 322,036 shares of the company's stock were exchanged, compared to its average volume of 384,401. The company has a market cap of £361.47 million, a PE ratio of -1,131.90, a P/E/G ratio of 0.41 and a beta of 0.54. The company has a debt-to-equity ratio of 96.55, a current ratio of 1.30 and a quick ratio of 1.28. Restore has a one year low of GBX 116.51 ($1.46) and a one year high of GBX 316 ($3.97). The business has a fifty day moving average price of GBX 226.46 and a 200 day moving average price of GBX 222.03.

Restore Company Profile

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.