KBC Peel Hunt argues there is untapped value in Regent Inns’ shares whether the owner of Walkabout and Jongleurs bars buys or sells.
It has put a 130p target on the stock.
The Financial Times says that should offer sufficient upside for investors amid little sign the sector is losing its thirst for takeovers.
Financial Times 08/10/05 page 21 (Weekend share watch)