Restore (LON:RST) Earns "Buy" Rating from Peel Hunt

Key Points

• Peel Hunt has reiterated a "Buy" rating for Restore (RST), with a target price of GBX 307 ($4.10), indicating a potential upside of 18.85% from the previous close.
• Restore's stock has seen a slight increase of 0.1% and currently trades at GBX 258.30 ($3.45), while its 12-month range is between GBX 207 and GBX 290.
• Insider Dan Baker purchased 1,000 shares at about GBX 249 ($3.33) each, reflecting confidence in the company's future.

Restore (LON:RST - Get Free Report)'s stock had its "buy" rating restated by research analysts at Peel Hunt in a note issued to investors on Tuesday, MarketBeat.com reports. They presently have a GBX 307 ($4.07) price target on the stock. Peel Hunt's target price indicates a potential upside of 15.85% from the company's previous close.

Restore Stock Performance

RST traded down GBX 2.50 ($0.03) during trading on Tuesday, hitting GBX 265 ($3.52). 97,270 shares of the company traded hands, compared to its average volume of 381,654. The firm has a market cap of £355.84 million, a P/E ratio of 93.22, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57. The stock's fifty day moving average is GBX 263.50 and its 200 day moving average is GBX 239.71. The company has a quick ratio of 1.28, a current ratio of 1.07 and a debt-to-equity ratio of 100.35. Restore has a one year low of GBX 207 ($2.75) and a one year high of GBX 290 ($3.85).

Restore (LON:RST - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported GBX 10 ($0.13) earnings per share for the quarter. Restore had a net margin of 1.37% and a return on equity of 1.64%. As a group, equities analysts predict that Restore will post 20.4953032 EPS for the current fiscal year.

Insiders Place Their Bets

In other Restore news, insider Dan Baker purchased 1,000 shares of Restore stock in a transaction on Tuesday, May 13th. The shares were acquired at an average cost of GBX 249 ($3.31) per share, for a total transaction of £2,490 ($3,305.02). 15.23% of the stock is owned by corporate insiders.

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.