J D Wetherspoon plc (LON:JDW)‘s stock had its “neutral” rating restated by investment analysts at Citigroup Inc in a research report issued to clients and investors on Monday. They presently have a GBX 1,030 ($13.40) price objective on the stock. Citigroup Inc’s price target points to a potential upside of 2.39% from the company’s previous close.

JDW has been the topic of a number of other research reports. Canaccord Genuity raised J D Wetherspoon plc to a “hold” rating and increased their target price for the stock from GBX 850 ($11.06) to GBX 1,000 ($13.01) in a report on Thursday, May 4th. Beaufort Securities reaffirmed a “hold” rating on shares of J D Wetherspoon plc in a report on Thursday, May 4th. Berenberg Bank reaffirmed a “sell” rating and set a GBX 750 ($9.76) target price on shares of J D Wetherspoon plc in a report on Monday, March 13th. Peel Hunt downgraded J D Wetherspoon plc to a “reduce” rating and set a GBX 925 ($12.03) target price on the stock. in a report on Monday, March 6th. Finally, Deutsche Bank AG reaffirmed a “sell” rating and set a GBX 640 ($8.33) target price (up previously from GBX 600 ($7.81)) on shares of J D Wetherspoon plc in a report on Monday, March 13th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 949.09 ($12.35).

Analyst Recommendations for J D Wetherspoon plc (LON:JDW)

J D Wetherspoon plc (LON:JDW) traded down 0.79% on Monday, reaching GBX 1006.00. The company’s stock had a trading volume of 182,794 shares. The firm’s 50 day moving average price is GBX 1,000.85 and its 200-day moving average price is GBX 926.98. The company’s market capitalization is GBX 1.10 billion. J D Wetherspoon plc has a 52 week low of GBX 662.50 and a 52 week high of GBX 1,060.00.

The business also recently declared a dividend, which will be paid on Thursday, May 25th. Investors of record on Thursday, April 27th will be issued a GBX 4 ($0.05) dividend. This represents a dividend yield of 0.43%. The ex-dividend date is Thursday, April 27th.

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In related news, insider Miles Slade sold 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of GBX 952 ($12.38), for a total value of £27,132 ($35,295.95). Also, insider John Hutson bought 9,107 shares of the stock in a transaction that occurred on Monday, March 13th. The stock was acquired at an average price of GBX 951 ($12.37) per share, for a total transaction of £86,607.57 ($112,667.58). In the last three months, insiders purchased 9,152 shares of company stock worth $8,705,160 and sold 10,021 shares worth $9,578,170.

J D Wetherspoon plc Company Profile

J D Wetherspoon plc owns and operates pubs throughout the United Kingdom and Ireland. The Company aims to provide customers with food and drinks. The Company operates a trading estate of approximately 926 pubs. The Company operates over 40 hotels and approximately 900 rooms. The Company’s hotels include George Hotel, the Shrewsbury Hotel and the Unicorn, Ripon.

12 Month Chart for LON:JDW

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