JD Wetherspoon’s “Buy” Rating Reaffirmed at Panmure Gordon (JDW)
JD Wetherspoon (LON:JDW)‘s stock had its “buy” rating reiterated by Panmure Gordon in a research note issued on Wednesday, AnalystRatingsNetwork.com reports.
Shares of JD Wetherspoon (LON:JDW) traded down 0.25% on Wednesday, hitting GBX 813.00. The stock had a trading volume of 17,893 shares. JD Wetherspoon has a 52 week low of GBX 495.50 and a 52 week high of GBX 839.9999. The stock has a 50-day moving average of GBX 787.4 and a 200-day moving average of GBX 740.5. The company’s market cap is £977.9 million.
A number of other firms have also recently commented on JDW. Analysts at Nomura raised their price target on shares of JD Wetherspoon from GBX 756 ($12.40) to GBX 809 ($13.27) in a research note on Friday, February 7th. They now have a “neutral” rating on the stock. Separately, analysts at HSBC downgraded shares of JD Wetherspoon to an “underweight” rating in a research note on Thursday, February 6th. They now have a GBX 750 ($12.31) price target on the stock, up previously from GBX 740 ($12.14). Finally, analysts at Barclays upgraded shares of JD Wetherspoon to an “overweight” rating in a research note on Wednesday, February 5th. They now have a GBX 880 ($14.44) price target on the stock, up previously from GBX 770 ($12.63). One analyst has rated the stock with a sell rating, ten have given 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 776.31 ($12.74).
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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