J D Wetherspoon plc Price Target Lowered to GBX 900 at Numis Securities Ltd (JDW)
Investment analysts at Numis Securities Ltd reduced their price objective on shares of J D Wetherspoon plc (LON:JDW) from GBX 950 ($16.30) to GBX 900 ($15.44) in a note issued to investors on Wednesday. The firm currently has an “add” rating on the stock. Numis Securities Ltd’s target price points to a potential upside of 20.81% from the company’s current price.
Shares of J D Wetherspoon plc (LON:JDW) traded down 1.97% on Wednesday, hitting GBX 745.00. 874,597 shares of the company’s stock traded hands. J D Wetherspoon plc has a 1-year low of GBX 654.50 and a 1-year high of GBX 905.00. The stock has a 50-day moving average of GBX 797.5 and a 200-day moving average of GBX 816.. The company’s market cap is £895.0 million.
A number of other analysts have also recently weighed in on JDW. Analysts at N+1 Singer reiterated a “hold” rating on shares of J D Wetherspoon plc in a research note on Wednesday. They now have a GBX 809 ($13.88) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of J D Wetherspoon plc in a research note on Wednesday. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of J D Wetherspoon plc in a research note on Wednesday, July 2nd. They now have a GBX 785 ($13.46) price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 822.79 ($14.11).
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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