J D Wetherspoon PLC (NASDAQ:JDWPY) Stock Rating Upgraded by Zacks Investment Research
J D Wetherspoon PLC (NASDAQ:JDWPY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday. The brokerage presently has a $73.00 price objective on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 11.88% from the company’s previous close.
According to Zacks, “JD Wetherspoon Plc owns and operates pubs. The principal activity of the company is development and management of public houses. It operates primarily in United Kingdom. JD Wetherspoon Plc is headquartered in Watford, the United Kingdom. “
Shares of J D Wetherspoon PLC (JDWPY) remained flat at $65.25 during midday trading on Thursday. J D Wetherspoon PLC has a 12-month low of $52.11 and a 12-month high of $69.54. The stock’s 50 day moving average price is $64.31 and its 200-day moving average price is $62.75. The stock has a market capitalization of $1.42 billion and a price-to-earnings ratio of 22.42.
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About J D Wetherspoon PLC
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.
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