J D Wetherspoon (OTCMKTS:JDWPY) Lowered to “Sell” at Zacks Investment Research

Zacks Investment Research downgraded shares of J D Wetherspoon (OTCMKTS:JDWPY) from a hold rating to a sell rating in a research note issued to investors on Saturday morning, Zacks.com reports.

According to Zacks, “JD Wetherspoon Plc owns and operates pubs. The principal activity of the company is development and management of public houses. It operates primarily in United Kingdom. JD Wetherspoon Plc is headquartered in Watford, the United Kingdom. “

Separately, Stifel Nicolaus started coverage on J D Wetherspoon in a research report on Monday, March 25th. They set a sell rating on the stock.

JDWPY opened at $86.97 on Friday. The business’s 50-day moving average price is $87.37. J D Wetherspoon has a one year low of $69.47 and a one year high of $89.71. The firm has a market capitalization of $1.90 billion, a PE ratio of 20.42 and a beta of 0.51.

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.

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