Greene King (GKNGY) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research lowered shares of Greene King (OTCMKTS:GKNGY) from a hold rating to a sell rating in a report published on Tuesday.

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. “

Shares of Greene King (OTCMKTS:GKNGY) remained flat at $$14.41 during mid-day trading on Tuesday. Greene King has a 52-week low of $13.53 and a 52-week high of $19.10.

The firm also recently declared a None dividend, which will be paid on Friday, January 26th. Shareholders of record on Monday, December 11th will be paid a $0.216 dividend. The ex-dividend date is Friday, December 8th.

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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.

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