Shares in focus: Should you tuck in to Restaurant Group?

Strong growth makes these shares tempting, but wait until the price is right, says Phil Oakley.

Shares in The Restaurant Group (TRG) have been a very good investment over the last decade – they’re up seven-fold. The owner of casual eating restaurant chains including Frankie & Benny’s, Chiquito, Garfunkel’s and a number of pub restaurants has clearly got something going for it.

It has managed to thrive, in spite of the tough consumer backdrop of recent years. As a result, its shares are now richly valued by the stock market.

The company has certainly benefited from some helpful trends [...]

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