Numis Securities Ltd Reaffirms Add Rating for J D Wetherspoon plc (JDW)
J D Wetherspoon plc (LON:JDW)‘s stock had its “add” rating restated by research analysts at Numis Securities Ltd in a report released on Tuesday. They currently have a GBX 900 ($14.94) target price on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 21.29% from the company’s current price.
J D Wetherspoon plc (LON:JDW) opened at 758.50 on Tuesday. 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 733.7 and its 200-day moving average is GBX 802.3. The company’s market cap is £911.2 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank cut their price target on shares of J D Wetherspoon plc from GBX 785 ($13.03) to GBX 745 ($12.36) in a research note on Thursday, August 28th. They now have a “hold” rating on the stock. Separately, 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 ($14.60) price target on the stock. Finally, 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 ($14.52) price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. J D Wetherspoon plc currently has an average rating of “Hold” and a consensus target price of GBX 824.38 ($13.68).
J D Wetherspoon plc is engaged in the development and management of public houses. The Company owns and operates pubs throughout the United Kingdom.