Barclays Reiterates “Overweight” Rating for J D Wetherspoon plc (JDW)
J D Wetherspoon plc (LON:JDW)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a report released on Monday. They currently have a GBX 880 ($14.76) price objective on the stock. Barclays’ price target points to a potential upside of 24.65% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of J D Wetherspoon plc in a research note on Wednesday, July 9th. They now have a GBX 875 ($14.68) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of J D Wetherspoon plc in a research note on Wednesday, July 9th. They now have a GBX 870 ($14.59) price target on the stock. Finally, analysts at Numis Securities Ltd cut their price target on shares of J D Wetherspoon plc from GBX 950 ($15.94) to GBX 900 ($15.10) in a research note on Wednesday, July 9th. They now have an “add” rating on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. J D Wetherspoon plc has an average rating of “Hold” and a consensus target price of GBX 827.46 ($13.88).
Shares of J D Wetherspoon plc (LON:JDW) opened at 704.00 on Monday. J D Wetherspoon plc has a 1-year low of GBX 675.00 and a 1-year high of GBX 905.00. The stock’s 50-day moving average is GBX 755.1 and its 200-day moving average is GBX 808.7. The company’s market cap is £845.7 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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