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J D Wetherspoon Adr (JDWPY) [hlAlert]


J D Wetherspoon Adr (JDWPY) rated Underweight by HSBC Securities

Posted on: Thursday,  Feb 6, 2014  8:25 AM ET by HSBC Securities

J D Wetherspoon Adr
(OTCBB: JDWPY) rated Underweight by HSBC Securities.

J D Wetherspoon plc is a United Kingdom-based company engaged in the development and management of public houses. The Company owns and operates pubs throughout the United Kingdom. During the fiscal year ended July 26, 2009 (fiscal 2009), the Company opened 39 pubs, 13 of which were freehold, disposed of one pub and closed one other, resulting in a total estate of 731 pubs. During fiscal 2009, the Company stocked approximately 600 guest beers, from a range of microbrewers. During April 2009, the Company ran a real-ale festival in the world, selling 3.3 million pints over 20 days. The Company is also engaged in selling Tierra, Lavazza?s Rainforest-Alliance-certified sustainable coffee.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/6/2014 8:25 AM Sell
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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