Drive Shack (LON:DS) Downgraded by Stifel Nicolaus

Stifel Nicolaus lowered shares of Drive Shack (LON:DSFree Report) to a hold rating in a research note issued to investors on Wednesday morning, LSE.Co.UK reports. The firm currently has GBX 480 ($6.31) price objective on the stock, down from their prior price objective of GBX 498 ($6.55).

Separately, Jefferies Financial Group reaffirmed a buy rating and issued a GBX 400 ($5.26) price objective on shares of Drive Shack in a research note on Wednesday, June 12th.

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Drive Shack Inc is a leading owner and operator of golf-related leisure and entertainment businesses.

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