J D Wetherspoon plc’s (JDW) “Hold” Rating Reaffirmed at Liberum Capital
J D Wetherspoon plc (LON:JDW)‘s stock had its “hold” rating reiterated by stock analysts at Liberum Capital in a report released on Friday. They currently have a GBX 1,050 ($13.56) price objective on the stock. Liberum Capital’s price objective would indicate a potential downside of 11.69% from the stock’s current price.
A number of other research analysts have also commented on the company. Deutsche Bank AG upped their price target on J D Wetherspoon plc from GBX 640 ($8.27) to GBX 660 ($8.52) and gave the company a “sell” rating in a research report on Friday, May 19th. Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 1,030 ($13.30) price target on shares of J D Wetherspoon plc in a research report on Monday, May 22nd. Peel Hunt lowered J D Wetherspoon plc to a “reduce” rating and lowered their price target for the company from GBX 1,000 ($12.91) to GBX 875 ($11.30) in a research report on Wednesday, July 5th. Investec reaffirmed a “buy” rating and set a GBX 1,150 ($14.85) price target on shares of J D Wetherspoon plc in a research report on Wednesday, July 12th. Finally, Shore Capital reaffirmed a “sell” rating on shares of J D Wetherspoon plc in a research report on Wednesday, July 12th. Five analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 965.42 ($12.47).
Shares of J D Wetherspoon plc (LON JDW) traded up 13.89% during midday trading on Friday, reaching GBX 1189.00. The company’s stock had a trading volume of 694,802 shares. The company’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 company’s market capitalization is GBX 1.30 billion.
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.
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