Citigroup Inc. Reiterates “Neutral” Rating for JD Wetherspoon (JDW)
JD Wetherspoon (LON:JDW)‘s stock had its “neutral” rating reaffirmed by investment analysts at Citigroup Inc. in a note issued to investors on Monday, American Banking and Market News reports. They currently have a GBX 765 ($12.27) price target on the stock. Citigroup Inc.’s price target would indicate a potential upside of 5.23% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Beaufort Securities upgraded shares of JD Wetherspoon from a “hold” rating to a “buy” rating in a research note to investors on Monday, September 16th. Separately, analysts at Deutsche Bank raised their price target on shares of JD Wetherspoon from GBX 660 ($10.59) to GBX 695 ($11.15) in a research note to investors on Monday, September 16th. They now have a “hold” rating on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of JD Wetherspoon in a research note to investors on Friday, September 13th. Eleven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 733.85 ($11.77).
Shares of JD Wetherspoon (LON:JDW) traded up 0.07% during mid-day trading on Monday, hitting GBX 727.50. 26,222 shares of the company’s stock traded hands. JD Wetherspoon has a 1-year low of GBX 476.404 and a 1-year high of GBX 774.00. The stock has a 50-day moving average of GBX 727.5 and a 200-day moving average of GBX 638.4. The company’s market cap is £876.5 million.
J D Wetherspoon plc is engaged in the development and management of public houses. The Company owns and operates pubs throughout the United Kingdom.
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