Published by Digital Look on 17th January 2016
(ShareCast News) - Shares in The Restaurant Group are a good bargain again, said the Sunday Times' Inside the City column. The owner of Frankie & Benny's, Chiquito, Coast to Coast and Giraffe lost 18% of its value in one day last week when it revealed a modest slowdown in sales and took a cautious line on the year ahead, yet still stated confidence in full-year profit growth of at least 10%. The stock, at its lowest level for two years, after climbing more than 125% over the last five and serving up growing dividends each year, providing it with a premium valuation - which has now been wiped away.