J D Wetherspoon plc Stock Rating Reaffirmed by Deutsche Bank (JDW)
J D Wetherspoon plc (LON:JDW)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Wednesday. They currently have a GBX 785 ($13.37) price objective on the stock. Deutsche Bank’s price target indicates a potential downside of 3.09% from the stock’s previous close.
Shares of J D Wetherspoon plc (LON:JDW) traded up 1.50% on Wednesday, hitting GBX 810.0001. 70,926 shares of the company’s stock traded hands. J D Wetherspoon plc has a 1-year low of GBX 650.50 and a 1-year high of GBX 905.00. The stock’s 50-day moving average is GBX 801.4 and its 200-day moving average is GBX 815.4. The company’s market cap is £973.1 million.
A number of other analysts have also recently weighed in on JDW. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of J D Wetherspoon plc in a research note on Tuesday. They now have a GBX 950 ($16.18) price target on the stock. Separately, analysts at Westhouse Securities upgraded shares of J D Wetherspoon plc to a “buy” rating in a research note on Thursday, June 12th. They now have a GBX 940 ($16.01) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of J D Wetherspoon plc in a research note on Wednesday, May 7th. They now have a GBX 870 ($14.82) price target on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 826.36 ($14.08).
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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