JD Wetherspoon Upgraded to “Overweight” at Barclays (JDW)
JD Wetherspoon (LON:JDW) was upgraded by Barclays to an “overweight” rating in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a GBX 880 ($14.46) price objective on the stock, up from their previous price objective of GBX 770 ($12.65). Barclays’ target price indicates a potential upside of 9.38% from the company’s current price.
JDW has been the subject of a number of other recent research reports. Analysts at Morgan Stanley raised their price target on shares of JD Wetherspoon from GBX 710 ($11.67) to GBX 810 ($13.31) in a research note to investors on Monday, January 27th. They now have an “equal weight” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of JD Wetherspoon in a research note to investors on Thursday, January 23rd. They now have a GBX 850 ($13.97) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of JD Wetherspoon in a research note to investors on Thursday, January 23rd. Eleven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. JD Wetherspoon presently has a consensus rating of “Hold” and an average target price of GBX 771.07 ($12.67).
JD Wetherspoon (LON:JDW) traded up 4.35% on Wednesday, hitting GBX 804.50. The stock had a trading volume of 35,253 shares. JD Wetherspoon has a one year low of GBX 495.50 and a one year high of GBX 839.9999. The stock has a 50-day moving average of GBX 780.9 and a 200-day moving average of GBX 737.. The company’s market cap is £967.7 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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