Zacks Investment Research Downgrades J D Wetherspoon (OTCMKTS:JDWPY) to Sell

J D Wetherspoon (OTCMKTS:JDWPY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday, 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 set a $99.00 price target on shares of C.H. Robinson Worldwide and gave the company a “hold” rating in a report on Monday, March 25th.

OTCMKTS JDWPY remained flat at $$86.97 on Tuesday. 24 shares of the company’s stock were exchanged, compared to its average volume of 2. The stock has a market capitalization of $1.90 billion, a PE ratio of 20.42 and a beta of 0.51. The company’s 50 day moving average is $86.55. J D Wetherspoon has a one year low of $69.47 and a one year high of $89.71.

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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