All Analysts articles – Page 2
-
Analysis & InsightMarston’s described as ‘top value play’
Marston’s has been described as a ‘top value play’ by analyst Peel Hunt, in a note preceding the brewer and pub operator’s third quarter trading statement due out on 28 July.
-
Analysis & InsightLoungers could up 25 new openings a year target
Loungers’ is exploring the possibility of moving beyond its target rate of 25 new site openings per year, according to analyst Berenberg.
-
NewsLoungers has opportunity to sign bigger, premium sites
The expectation of record vacancy rates this year presents Loungers with the opportunity to acquire larger, premium sites, while staying true to its tight financial criteria, according to analyst Liberum.
-
NewsCity Pub stakes pave way for full control
City Pub Group’s acquisition of stakes in two high quality and complimentary businesses, pave the way for full control in the future, according to analysts Liberum.
-
Analysis & InsightMixed reactions from analysts on Domino’s update
Domino’s like-for-like (lfl) sales and order growth in Q1 has been met with a mixed reaction from analysts.
-
Analysis & InsightDifferentiation is key to a successful rollout
The ability to provide a differentiated experience is key to a successful rollout, and one that Loungers is able to offer, according to analysts Berenberg.
-
NewsLoungers set to ‘explode out of the blocks’, says analyst
Analyst Liberum has said it expects Loungers to “explode out of the blocks” once sites reopen, following the announcement by the operator this morning that it intends to resume its fast-pasted opening rate once restrictions are lifted.
-
NewsTRG’s capital raise will better position it for growth, say analysts
The Restaurant Group (TRG) announcement of a £175m capital raise, yesterday (10 March), has been met positively by analysts, who believe it better position the business for future growth.
-
NewsTRG debt renegotiation met with positive reaction
The Restaurant Group’s (TRG) announcement yesterday (1 March) that it had renegotiated is debt facilities has been met with positive notes from analysts.
-
Analysis & InsightPeel Hunt ups target price for M&B after share announcement
Analyst Peel Hunt has increased its target price for Mitchells & Butlers (M&B) from 275 pence per share to 325p and changed its recommendation from Add to Hold.
-
OpinionPeel Hunt: JDW may be hit by post pandemic trends
JD Wetherspoon (JDW), and other low-ticket operators, are more likely to be hit post-Covid working patterns, as well as any further downturn in the economy, according to analysts Peel Hunt.
-
Analysis & InsightJP Morgan on The Restaurant Group
JP Morgan has downgraded its revenue forecasts for The Restaurant Group (TRG) as the likelihood of significant restrictions continuing past the first quarter of this year increase; but it remains positive about the group’s expansion prospects, particular through Wagamama.
-
Analysis & InsightAnalysts’ verdict: Liberum on Marston’s
An offer for Marston’s could come in at above 100p per share, according to analysts Liberum, in a note issued following the news that Platinum Equity Advisors had received an unsolicited non-binding proposal from the American PE firm regarding a possible cash offer for its share capital.
-
Analysis & InsightAlixPartners: Gradually building momentum
Just over a month since restart, it is obvious that the sector’s revival will take time, and sadly it will not include everyone.
-
Analysis & InsightMorgan Stanley on Mitchells & Butlers
M&B’s pubs are mostly large, branded, food-led, freehold in residential areas, so better able to cope with Covid-19 pressures and take share as supply exits. We want to be positive, but its securitised debt needs the PLC to inject cash to fund it, and it might need to replace PLC debt with equity.
-
Analysis & Insight
Berenberg: UK pubs and restaurants guide to reopening
Having been closed for more than three months since the UK went into lockdown on 23 March, the UK’s pubs and restaurants will be allowed to reopen from this Saturday, 4 July. Having spoken to management teams across the sector numerous times over the last 19 weeks, we have pulled together a “cheat sheet” on reopening plans and key points to watch in the months ahead.
-
Analysis & Insight
J.P. Morgan on the UK pub sector
Although PM Boris Johnson’s speech on Sunday appeared to create more confusion around broader re-opening plans, hopes have been raised about select openings at some point in July for the broader “hospitality” industry. While we are unsurprisingly left with more questions than answers, we thought a quick piece was merited to highlight our views, recent investor feedback, what we’re watching for re-openings, and some incremental news in the last two weeks.
-
Analysis & InsightGoodbody on The Restaurant Group
While Restaurant Group has faced a number of well documented challenges before the advent of the current coronavirus crisis took hold, including the oversupply of branded restaurant chains in the UK, cost inflation, high rents and struggling legacy brands, the closure of the sector for a quarter has presented a ...
-
Analysis & InsightAnalysts’ verdict: Berenberg on City Pub Group
Berenberg finds City Pub Group’s fundraise has left the company with a “substantial level of liquidity” and a “best-in-class balance sheet”, which it could deploy on cut-price acquisitions.
-
Analysis & InsightAnalysts’ verdict: Goodbody on the leisure shutdown
With the pubs and restaurants now closed the remainder of the leisure sector saw further restrictions last night with collection and delivery now also being impacted.