Brighton Pier shares have fallen nearly 30% from last year’s high of 134p as sentiment has been affected by several profit warnings in the leisure sector, most recently from Comptois Libanais and Revolution Bars and prior to that Tasty and Restaurant Group. This has now been exacerbated by heightened concerns over the potential impact of terrorism on tourism.
08 Jun 2017
Recent share price weakness overdone
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Recent share price weakness overdone
Brighton Pier Group Plc (PIER:LON) | 44.5 -0.2 (-1.1%) | Mkt Cap: 16.6m
- Published:
08 Jun 2017 -
Author:
Ian Berry -
Pages:
4
Brighton Pier shares have fallen nearly 30% from last year’s high of 134p as sentiment has been affected by several profit warnings in the leisure sector, most recently from Comptois Libanais and Revolution Bars and prior to that Tasty and Restaurant Group. This has now been exacerbated by heightened concerns over the potential impact of terrorism on tourism.