J D Wetherspoon plc PT Raised to GBX 785 (JDW)
Research analysts at Deutsche Bank increased their target price on shares of J D Wetherspoon plc (LON:JDW) from GBX 695 ($11.68) to GBX 785 ($13.19) in a report released on Monday, StockRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price points to a potential downside of 9.20% from the company’s current price.
Shares of J D Wetherspoon plc (LON:JDW) opened at 855.50 on Monday. J D Wetherspoon plc has a 52 week low of GBX 575.00 and a 52 week high of GBX 905.00. The stock has a 50-day moving average of GBX 850.4 and a 200-day moving average of GBX 782.9. The company’s market cap is £1.028 billion.
The company also recently announced a dividend, which is scheduled for Thursday, May 29th. Shareholders of record on Wednesday, April 30th will be paid a dividend of GBX 4 ($0.07) per share. This represents a dividend yield of 0.48%. The ex-dividend date is Wednesday, April 30th.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of J D Wetherspoon plc in a research note on Thursday, March 27th. They now have a GBX 925 ($15.54) price target on the stock. Separately, analysts at Beaufort Securities downgraded shares of J D Wetherspoon plc to a “hold” rating in a research note on Monday, March 17th. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of J D Wetherspoon plc in a research note on Friday, March 14th. They now have a GBX 875 ($14.70) price target on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. J D Wetherspoon plc currently has an average rating of “Hold” and an average target price of GBX 811.23 ($13.63).
J D Wetherspoon plc is engaged in the development and management of public houses. The Company owns and operates pubs throughout the United Kingdom.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.