J D Wetherspoon plc (LON:JDW) had its target price hoisted by stock analysts at Peel Hunt from GBX 875 ($11.30) to GBX 950 ($12.27) in a research note issued to investors on Friday. The firm presently has a “reduce” rating on the stock. Peel Hunt’s price target would suggest a potential downside of 9.00% from the company’s current price.

JDW has been the topic of a number of other research reports. Citigroup Inc. reissued a “neutral” rating and issued a GBX 1,030 ($13.30) target price on shares of J D Wetherspoon plc in a research note on Monday, May 22nd. Canaccord Genuity boosted their price target on shares of J D Wetherspoon plc from GBX 1,000 ($12.91) to GBX 1,040 ($13.43) and gave the company a “hold” rating in a research report on Thursday, July 13th. HSBC Holdings plc lowered shares of J D Wetherspoon plc to a “hold” rating and reduced their price target for the company from GBX 1,200 ($15.50) to GBX 1,090 ($14.08) in a research report on Friday, September 1st. Barclays PLC restated an “overweight” rating and issued a GBX 1,150 ($14.85) price target on shares of J D Wetherspoon plc in a research report on Monday. Finally, Investec restated a “buy” rating and issued a GBX 1,150 ($14.85) price target on shares of J D Wetherspoon plc in a research report on Wednesday, July 12th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 965.42 ($12.47).

Shares of J D Wetherspoon plc (LON JDW) traded up 12.45% during trading on Friday, reaching GBX 1174.00. 439,591 shares of the company’s stock were exchanged. The company’s market capitalization is GBX 1.28 billion. The company has a 50 day moving average price of GBX 1,043.82 and a 200-day moving average price of GBX 1,004.45. J D Wetherspoon plc has a 52-week low of GBX 810.00 and a 52-week high of GBX 1,186.00.

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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.

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

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