Analysts Corner

Costa Coffee

Analysts corner: Goodbody on Whitbread

19 Oct 2018

Goodbody analysts have set out their view on the prospects for Whitbread, post the divestment of Costa, suggesting that it opens the door for value creation.

Patisserie Holdings: The current state of play

17 Oct 2018

Mark Brumby, of Langton Capital, gives his view on a dramatic week at Patisserie Holdings and the questions yet to be answered.

Analysts corner: JP Morgan on Marston’s

11 Oct 2018

Leading analyst Alexander Mees, from JP Morgan, says there is every reason to expect a ‘normal’ year in FY19, with the recovery in Destination & Premium and a flatter performance by Taverns.

Mitchells & Butlers logo

Analysts corner: Mitchells & Butlers

28 Sep 2018

Following Mitchells & Butlers pre close trading update yesterday, analysts from JP Morgan and Goodbody give their views on the company’s performance.

Jonathan Neame

Analysts corner: Peel Hunt on Shepherd Neame

20 Sep 2018

Peel Hunt analysts Douglas Jack and Ivor Jones give their views on Shepherd Neame ahead of next week’s trading update, saying that in their view the tenanted and brewing sides of the business have the best chance of beating forecasts.

Wetherspoon logo

Analysts corner: JDW

14 Sep 2018

Analysts have given their early reaction to JD Wetherspoon’s FY trading update this morning, including Peel Hunt and Langton Capital. The strong like-for-like sales rise has been welcomed but there are warnings that discounting elsewhere many impact performance going forward.

Analysts corner: Brumby on delivery

11 Sep 2018

Mark Brumby, of Langton Capital, presents a snapshot of the delivery market in the UK and asks whether the likes of Deliveroo and UberEats are friend or foe of the restaurant trade.

JD Wetherspoon Logo

Analysts corner: Berenberg on JDW

11 Sep 2018

Berenberg analysts have issued a note ahead of JD Wetherspoon’s full year results announcement this week.

The Deltic Group

Analysts corner: Peel Hunt on Deltic/Revolution

10 Sep 2018

Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, discuss the revelation by Revolution Bars Group that it is in preliminary discussions with former suitor, Deltic. They examine the attractions of the deal and main negotiation points.

Greene King logo

Analysts corner: Greene King

07 Sep 2018

We round-up the views of analysts at Hargreaves Lansdown, JP Morgan, Goodbody, and Citi – with more than one believing the company’s shares are undervalued.

The Restaurant Group

Analysts corner: Peel Hunt on TRG

05 Sep 2018

Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, have given their views on the recent update from The Restaurant Group, saying the return to like-for-like sales (lfls) growth and the expansion of the pub estate are encouraging signs but that further downgrades are likely.


Citi: Sector operators in a “precarious state”

04 Sep 2018

Analysts at Citi have warned that many pub companies are in a “precarious state”, as they have too much leverage and little surplus cash flow as an increasingly indebted UK heads for a “potential disorderly Brexit”.

Costa's Chatty Cafe

Analysts corner: Morgan Stanley on Whitbread

03 Sep 2018

Following the news last week that Whitbread is to sell Costa Coffee to Coca-Cola, leading analyst Jamie Rollo from Morgan Stanley asks what’s next for Whitbread, now the focus has shifted to Premier Inn?

Chiquito fajitas

Analysts corner: Edison and Goodbody on TRG

31 Aug 2018

While The Restaurant Group’s H1 trading update this morning might not have looked too rosy on the surface, the fact it is mid-turnaround meant a 3.7% drop in like-for-likes was actually no worse than expected, according to analyst Edison, which shares its views of the results alongside Goodbody.

Analysts corner: Peel Hunt on TRG

31 Aug 2018

Recommending shareholders sell, analysts from Peel Hunt give their take on TRG’s results this morning.

Costa exterior

Analysts corner: Goodbody and HL on Costa Coffee

31 Aug 2018

Following the news that Whitbread has agreed to sell Costa Coffee to The Coca-Cola Company for £3.9bn in cash, Hargreaves Lansdown and Goodbody give their views on this landmark deal, which saw shares rise 18.4% in early trading

Frankie & Benny's

Analysts corner: Goodbody on The Restaurant Group

22 Aug 2018

In advance of The Restaurant Group’s interim results announcement next week, Goodbody’s Paul Ruddy says it is encouraged by both the openings and format conversions being undertaken by the group, and believes there is evidence of a turnaround in like-for-likes in H2.

Domino's pizza

Analysts corner: Domino’s

08 Aug 2018

While Domino’s Pizza reported interim results yesterday that were in line with analysts’ forecasts, shares slipped 6% in early trade. Hargreaves Lansdown gives its take on the reason behind the drop

Analysts corner: Peel Hunt on the Modern Leisure Generation 2.0

06 Aug 2018

Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, have given their view on themes likely to develop in H2, and their thoughts on the development of a Modern Leisure Generation 2.0. 

Caffe Nero interior

Analysts corner: Goodbody on Marston’s, Caffè Nero and Costa Coffee

26 Jul 2018

Performance within Marston’s Destination & Premium estate was ‘somewhat disappointing’, according to leading analysts at Goodbody, whereas Caffè Nero’s strong revenue growth is giving Whitbread’s Costa Coffee some cause for concern