TRADER TIPS: Buy ZPG but sell Restaurant Group

Posted by on September 3, 2017

BUY THIS: ZPG

Liberum recommends buying shares in ZPG, the parent firm of property website Zoopla.

ZPG recently announced the acquisition of Ravensworth, a company which provides estate and letting agents with marketing materials.

Liberum says the takeover allows ZPG to strengthen its property partner network to cross-sell its products.

Restaurant Group is the owner of Frankie & Benny's

Restaurant Group is the owner of Frankie & Benny’s

SELL THIS: Restaurant Group

Peel Hunt recommends selling shares in the Restaurant Group, which runs pubs and restaurants in the UK.

It says management are doing a good job but the sector remains tough and questions whether it can achieve like-for-like sales necessary to hold profits.

 





Courtesy: Daily Mail Online

Posted in: Investing

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