Punch Taverns, IG Group, Travis Perkins & WH Smiths are Citi's top mid-cap picks - Proactive Investors UK
Tue, 28 Jun 2011 10:50Broker Citi this morning unveiled its list of potential mid-cap winners that rather surprisingly includes the struggling pub group Punch Taverns (LON:PUB). Setting a target price of 110 pence a share (the stock is currently changing hands at 71 pence), ...
The Business Matrix: Friday 8 July 2011 - The Independent
Thu, 07 Jul 2011 23:48The debt-laden pubs operator Punch Taverns has confirmed plans to shunt its Chef & Brewer and Fayre & Square pubs into a new managed pub business. Spirit will consist of 1372 pubs and will focus on the fast-growing, eating-out sector of the market. ...
Punch Taverns – New detail about the demerger - Stockopedia
Mon, 11 Jul 2011 21:00The result is that while a valuation on outlet EBITDA might make sense now as this is roughly the value to Punch, when operators start making more and Punch less it might make a big difference. In addition, the core division pubs supposedly make double ...
The Pub Company That's Still Expanding - Motley Fool UK
Thu, 14 Jul 2011 07:20The chart below compares these companies' share prices over the last five years. It's quite a contrast! Whilst they've all been affected by the smoking ban and the recession, it's clear that Enterprise and Punch have been torpedoed by their debts. ...
U.K. Retail Demergers Should Await Consumer Return, Analysts Say - Bloomberg
Sun, 26 Jun 2011 23:20While trading is quite difficult, what they are doing is appropriate.” Punch climbed 1.9 percent to close at 71.35 pence a share in London trading on June 24. Punch Taverns is making “good progress” with its demerger the company said on June 8. ...
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