J D Wetherspoon plc (LON:JDW)‘s stock had its “hold” rating reaffirmed by investment analysts at Canaccord Genuity in a note issued to investors on Friday. They currently have a GBX 1,040 ($13.43) price target on the stock. Canaccord Genuity’s target price would suggest a potential downside of 12.53% from the stock’s current price.

Several other equities analysts have also weighed in on JDW. Liberum Capital restated a “hold” rating and set a GBX 1,050 ($13.56) price objective on shares of J D Wetherspoon plc in a research report on Friday. Barclays PLC reissued 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. Shore Capital reissued a “sell” rating on shares of J D Wetherspoon plc in a research report on Friday. Numis Securities Ltd reissued a “reduce” rating and issued a GBX 820 ($10.59) price target on shares of J D Wetherspoon plc in a research report on Thursday, July 13th. Finally, HSBC Holdings plc lowered shares of J D Wetherspoon plc to a “hold” rating and reduced their price target for the stock from GBX 1,200 ($15.50) to GBX 1,090 ($14.08) in a research report on Friday, September 1st. Five analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently 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 13.89% during mid-day trading on Friday, hitting GBX 1189.00. 694,802 shares of the stock traded hands. The firm’s 50 day moving average price is GBX 1,048.28 and its 200-day moving average price is GBX 1,005.73. J D Wetherspoon plc has a 12-month low of GBX 810.00 and a 12-month high of GBX 1,189.12. The stock’s market cap is GBX 1.30 billion.

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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.

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

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