JD Wetherspoon Given Hold Rating at Deutsche Bank (JDW)
JD Wetherspoon (LON:JDW)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research note issued on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 695 ($11.41) target price on the stock. Deutsche Bank’s target price would indicate a potential downside of 13.13% from the company’s current price.
A number of other firms have also recently commented on JDW. Analysts at Investec raised their price target on shares of JD Wetherspoon from GBX 750 ($12.31) to GBX 870 ($14.28) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of JD Wetherspoon in a research note to investors on Wednesday. They now have a GBX 751 ($12.33) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of JD Wetherspoon in a research note to investors on Wednesday, January 15th. They now have a GBX 925 ($15.18) price target on the stock. Twelve research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. JD Wetherspoon has a consensus rating of “Hold” and an average price target of GBX 756.07 ($12.41).
JD Wetherspoon (LON:JDW) traded down 1.11% on Thursday, hitting GBX 800.00. 45,501 shares of the company’s stock traded hands. JD Wetherspoon has a 52-week low of GBX 490.50 and a 52-week high of GBX 839.9999. The stock has a 50-day moving average of GBX 763.3 and a 200-day moving average of GBX 730.1. The company’s market cap is £962.3 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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