JPMorgan Chase & Co. Downgrades Young & Co.'s Brewery plc (YNGA) to Neutral
Young & Co.'s Brewery plc (LON:YNGA) was downgraded by JPMorgan Chase & Co. to a “neutral” rating in a research report issued to clients and investors on Friday. They presently have a GBX 1,380 ($17.24) target price on the stock, up from their prior target price of GBX 1,320 ($16.49). JPMorgan Chase & Co.’s price target suggests a potential upside of 4.43% from the company’s previous close.
Several other analysts have also issued reports on the stock. Beaufort Securities reaffirmed a “buy” rating on shares of Young & Co.'s Brewery plc in a research report on Friday. Panmure Gordon reaffirmed a “buy” rating and set a GBX 1,400 ($17.49) price target on shares of Young & Co.'s Brewery plc in a research report on Thursday, September 15th.
Young & Co.'s Brewery plc (LON:YNGA) opened at 1313.00 on Friday. Young & Co.'s Brewery plc has a 52-week low of GBX 1,075.00 and a 52-week high of GBX 1,345.00. The firm has a 50-day moving average of GBX 1,316.00 and a 200-day moving average of GBX 1,244.43. The firm’s market capitalization is GBX 631.75 million.
The business also recently disclosed a dividend, which will be paid on Friday, December 9th. Stockholders of record on Thursday, November 24th will be given a GBX 8.88 ($0.11) dividend. This represents a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, November 24th.
Young & Co.'s Brewery plc Company Profile
Young & Co’s Brewery, P.L.C. is engaged in managing pubs. The Company operates through three segments: Young’s managed houses, Geronimo managed houses and the Ram Pub Company. Both Young’s and Geronimo managed houses operate pubs. It is engaged in sales of drink, food and the provision of accommodation.
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