JD Wetherspoon PT Raised to GBX 809 at Nomura (JDW)
Stock analysts at Nomura upped their target price on shares of JD Wetherspoon (LON:JDW) from GBX 756 ($12.42) to GBX 809 ($13.29) in a report issued on Friday, AnalystRatings.NET reports. The firm currently has a “neutral” rating on the stock. Nomura’s price target suggests a potential upside of 0.43% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at HSBC downgraded shares of JD Wetherspoon to an “underweight” rating in a research note to investors on Thursday. They now have a GBX 750 ($12.33) price target on the stock, up previously from GBX 740 ($12.16). Separately, analysts at Barclays upgraded shares of JD Wetherspoon to an “overweight” rating in a research note to investors on Wednesday. They now have a GBX 880 ($14.46) price target on the stock, up previously from GBX 770 ($12.65). Finally, 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. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 778.43 ($12.79).
JD Wetherspoon (LON:JDW) opened at 805.50 on Friday. JD Wetherspoon has a one year low of GBX 495.50 and a one year high of GBX 839.9999. The stock’s 50-day moving average is GBX 782.7 and its 200-day moving average is GBX 738.0. The company’s market cap is £968.9 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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