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Franchise operator's steady growth whets investor appetites Add to ...

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Shareholders of Imvescor Restaurant Group Inc. are benefiting from the ongoing revamp of the franchise operator’s brands – and analysts are forecasting more growth ahead.

Shares of Montreal-based Imvescor, which has about 260 restaurants including Pizza Delight, Toujours Mikes, Scores, Bâton Rouge and recently added Ben & Florentine, are up nearly 25 per cent over the past year. Both analysts that cover the stock have a “buy” recommendation and an average target price of $3.88, which is about 18 per cent above its current price of around $3.30.

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