Published Date:
07 October 2008
225.75p -26p
Broker says SELL
CITIGROUP has issued a downbeat assessment of the UK pubs sector, cutting its ratings for JD Wetherspoon and Marston's while reducing the price targets for a host of other pub groups.
JD Wetherspoon's rating is cut to "sell" from "hold" and Marston's to "hold" from "buy", on the squeeze on consumer spending.
Citigroup has cut is price targets for Enterprise Inns, Greene King, Mitchells & Butlers and Punch Taverns.
The full article contains 78 words and appears in The Scotsman newspaper.
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Last Updated:
06 October 2008 9:00 PM
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Source:
The Scotsman
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Location:
Edinburgh