Greene King Spon (NASDAQ:GKNGY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors 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 Spon (NASDAQ:GKNGY) opened at 17.42 on Tuesday. The company’s market capitalization is $2.70 billion. The firm has a 50-day moving average price of $17.51 and a 200 day moving average price of $17.53. Greene King Spon has a 12-month low of $16.55 and a 12-month high of $21.30.

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