Greene King (OTCMKTS:GKNGY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of Greene King (OTCMKTS:GKNGY) from a sell rating to a hold rating in a research note published on Wednesday, January 31st.

According to Zacks, “Greene King plc is a pub retailer and brewer. The Company operates managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. It operates primarily in England, Wales and Scotland. Greene King plc is headquartered in Bury St. Edmunds. “

Greene King (OTCMKTS GKNGY) traded down $0.95 during mid-day trading on Wednesday, hitting $14.20. 1,500 shares of the stock traded hands, compared to its average volume of 714. Greene King has a 1 year low of $13.29 and a 1 year high of $16.21. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 1.14.

The business also recently announced a None dividend, which was paid on Friday, January 26th. Shareholders of record on Monday, December 11th were given a $0.216 dividend. The ex-dividend date of this dividend was Friday, December 8th.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.thelincolnianonline.com/2018/02/15/zacks-investment-research-upgrades-greene-king-gkngy-to-hold-updated-updated.html.

About Greene King

Greene King plc operates as a pub retailer and brewer in the United Kingdom. The company operates through Pub Company, Pub Partners, and Brewing & Brands segments. Its retail brands and formats include Greene King Local Pubs, Hungry Horse, Flaming Grill, Farmhouse Inns, and Chef & Brewer. The company is also involved in brewing, marketing, and selling beer under the Greene King IPA, Old Speckled Hen, Abbot Ale, and Belhaven Best brands.

Get a free copy of the Zacks research report on Greene King (GKNGY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Greene King Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greene King and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply