The Restaurant Group’s soaring shares have more than discounted small upgrades to profit forecasts by analysts and has left them trading on a prospective multiple of more than 16 times this year’s earnings, reports Weekend share watch, in the Financial Times. The stock, already up 50% on the previous 12 months, has risen another 20% since the company’s results in Mid-March. The company’s Est Est Est chain is up for sale. Analysts are now looking at disposal valuations. Financial Times (Money & Business) 26/03/05 page 5