Summary
CITY slurpers reckon Punch Taverns has all the investment allure of the slops tray in a busy pub these days.
Shares in the UK's biggest pub- chain operator slumped 15 1 . 2 p to a near- fiveyear low of 322 1 . 2 p today, with one follower of the company claiming it may be close to breaching its banking covenants.See the full content of this document
Extract
No Cheers for Punch As Share Price Plummets
The independent research specialist Redburn has a sell note on the shares and says Punch is the company giving it most concern as the economy threatens to slide into ...
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