RBC Capital starts Restaurant Group at 'outperform' on Wagamama deal

31st Jan 2019 12:32

(Sharecast News) - RBC Capital Markets initiated coverage of Restaurant Group at 'outperform' with a 200p price target on Thursday, as it said the company has been "transformed" by the acquisition of Wagamama, which completed at the end of November.

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Friday broker round-up

25th Jan 2019 13:21

(Sharecast News) - Fresnillo: UBS upgrades to buy with a target price of 1,100p.

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Thursday broker round-up

24th Jan 2019 15:09

(Sharecast News) - Reckitt Benckiser: Jefferies downgrades to underperform with a target price of 5,000p.

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Restaurant Group LFL sales dip but 2018 profit seen in line

24th Jan 2019 08:10

(Sharecast News) - Restaurant Group reported a dip in 2018 like-for-like sales on Thursday but said it expects to deliver profit in line with market expectations.

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Over ten restaurants closing every week

6th Dec 2018 11:36

(Sharecast News) - Restaurants are closing at the rate of more than ten a week in Britain, research published on Thursday showed, as the sector battled over-supply and stiff competition.

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Wednesday broker round-up

5th Dec 2018 11:18

(Sharecast News) - Ted Baker: HSBC downgrades to hold with a target price of 1,450p.

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Restaurant Group shareholders back £560m Wagamama takeover

28th Nov 2018 10:27

(Sharecast News) - The Restaurant Group has secured narrow shareholder approval for its takeover of Asia-inspired food chain Wagamama, despite fears of an investor backlash over the £559m deal.

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Monday broker round-up

26th Nov 2018 12:09

(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.

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Sales stagnates across pub and restaurant sector - survey

19th Nov 2018 11:13

(Sharecast News) - British pubs and restaurants saw growth stagnate in October, as the sector wrestled with stiff competition, curtailed spending and rising costs.

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Wednesday broker round-up

31st Oct 2018 13:07

(Sharecast News) - Auto Trader: UBS upgrades to buy with a target price of 445p.

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Restaurant Group cut by Citi and Liberum as Wagamama deal raises questions

31st Oct 2018 10:01

(Sharecast News) - Restaurant Group was under the cosh again on Wednesday as Citi downgraded the stock to 'neutral' from 'buy' and Liberum cut it to 'hold' from 'buy' on the back of its acquisition of restaurant chain Wagamama.

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Restaurant Group to buy Wagamama for £357m

30th Oct 2018 08:12

(Sharecast News) - Frankie & Benny's and Chiquito's owner Restaurant Group has agreed to buy the Wagamama restaurant chain for £357m in cash, giving an enterprise value of £559m.

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Patisserie Valerie's under-fire boss steps down from Restaurant Group

15th Oct 2018 11:10

(Sharecast News) - Patisserie Valerie's under-pressure chief executive Paul May has quit the board of The Restaurant Group.

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Thursday broker round-up

11th Oct 2018 13:05

(Sharecast News) - Restaurant Group: HSBC upgrades to buy with a target price of 370p.

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Thursday broker round-up

13th Sep 2018 13:19

(Sharecast News) - Grainger: Numis upgrades to buy with a target price of 369p.

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