J D Wetherspoon plc PT Lowered to GBX 745 (JDW)
Investment analysts at Deutsche Bank lowered their target price on shares of J D Wetherspoon plc (LON:JDW) from GBX 785 ($12.99) to GBX 745 ($12.33) in a note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price suggests a potential downside of 0.67% from the stock’s previous close.
J D Wetherspoon plc (LON:JDW) traded down 0.33% on Thursday, hitting GBX 750.00. 41,271 shares of the company’s stock traded hands. J D Wetherspoon plc has a one year low of GBX 675.00 and a one year high of GBX 905.00. The stock’s 50-day moving average is GBX 734.6 and its 200-day moving average is GBX 803.3. The company’s market cap is £901.0 million.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of J D Wetherspoon plc in a research note on Monday, August 11th. They now have a GBX 880 ($14.56) price target on the stock. Separately, 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 ($14.48) 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, July 9th. They now have a GBX 870 ($14.40) price target on the stock. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 824.38 ($13.64).
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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