Restaurant Group warns on profits as Covid-19 batters sales
18th Mar 2020 07:56
(Sharecast News) - Wagamama owner Restaurant Group warned on profits on Wednesday saying trading in its concessions business was getting worse "by the day" as the coronavirus hit sales.
Read moreFTSE 250 movers: Ninety One paces gains, Cannacord Genuity eyes Restaurant Group
16th Mar 2020 15:13
(Sharecast News) - Shares of Marstons and Mitchells and Butlers were savaged, as the UK government asked Britons to avoid attending crowded venues including pubs and cinemas, although the steepest decline was seen in First Group.
Read moreRBC Capital downgrades Cineworld; reviews leisure stocks amid Covid-19
11th Mar 2020 13:17
(Sharecast News) - RBC Capital Markets downgraded Cineworld to 'outperform' from 'top pick' on Wednesday, slashing the price target to 200p from 300p as it took a look at the leisure sector and how it might be affected by the coronavirus.
Read moreSunday share tips: Restaurant Group, Alnwick Garden Trust, Scottish Mortgage
8th Mar 2020 20:56
(Sharecast News) - The Sunday Times's Sabah Meddings told readers that shares of Restaurant Group were best avoided given the issues surrounding its legacy operations.
Read moreFTSE 250 movers: Travel and oil related issues pace declines
5th Mar 2020 16:03
(Sharecast News) - The Chinese coronavirus continued to be the common denominator behind share price movements on the second-tier index on Thursday, although there were some other factors at play, including Russia's reticence thus far to contribute to another reduction in OPEC+ oil production.
Read moreFTSE 250 movers: Genus jumps, Restaurant Group slumps
4th Mar 2020 15:59
(Sharecast News) - Genus shares hit a fresh record high on the back of an update from sausage skin manufacturer Devro which reported that its factory in Nantong, China, had returned to normal production.
Read moreWednesday broker round-up
4th Mar 2020 13:29
(Sharecast News) - CMC Markets: Peel Hunt upgrades to buy with a target price of 210p.
Read moreThursday broker round-up
27th Feb 2020 12:47
(Sharecast News) - Restaurant Group: RBC Capital Markets downgrades to sector performer with a target price of 170p.
Read moreRestaurant Group scraps full-year dividend to support strategic priorities
26th Feb 2020 08:35
(Sharecast News) - Shares of Restaurant Group fell after the company scrapped its full-year dividend in order to support its strategic priorities.
Read moreUK pub and restaurant sector now 'fairly valued', says RBC
10th Jan 2020 10:22
(Sharecast News) - Analysts at RBC Capital Markets raised their price targets on a number of British pub and restaurant chains on Friday but noted that the sector now appeared to be fairly valued.
Read moreFTSE 250 movers: Pets at Home climbs, Greencore wilts
26th Nov 2019 14:04
(Sharecast News) - London's FTSE 250 was higher by 0.60% at 20,826.58 in afternoon trade on Tuesday, with Pets at Home leading the charge.
Read moreRestaurant Group falls as Wagamama's UK sales slow
25th Nov 2019 08:39
(Sharecast News) - Restaurant Group was under the cosh on Monday as investors a mulled a second-quarter trading update from its restaurant chain Wagamama.
Read moreFTSE 250 movers: GVC gains, 4Imprint falls
9th Oct 2019 14:30
(Sharecast News) - London's FTSE 250 was up by 0.17% at 19,233.82 in afternoon trade on Wednesday, with shares of GVC Holdings leading the index higher.
Read moreThursday broker round-up
3rd Oct 2019 12:41
(Sharecast News) - Filtrona: Peel Hunt upgrades to buy with a target price of 140p.
Read moreFTSE 250 movers: Metro Bank chugs higher, Kainos falls
4th Sep 2019 13:54
(Sharecast News) - London's FTSE 250 was down 0.82% at 19,624.51 in afternoon trading on Wednesday, with Metro Bank leading the index higher.
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