Shares of J D Wetherspoon plc (LON:JDW) have received an average rating of “Hold” from the fifteen brokerages that are covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 1,078.71 ($14.19).

A number of research analysts have commented on the company. Canaccord Genuity Group Inc. upped their price target on J D Wetherspoon plc from GBX 1,200 ($15.78) to GBX 1,275 ($16.77) and gave the company a “hold” rating in a research report on Wednesday, November 8th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 1,150 ($15.13) price target on shares of J D Wetherspoon plc in a research report on Wednesday, August 9th. Beaufort Securities lowered J D Wetherspoon plc to a “sell” rating and set a GBX 1,142 ($15.02) price target for the company. in a research report on Thursday, November 9th. Peel Hunt reaffirmed a “reduce” rating and set a GBX 1,100 ($14.47) price target on shares of J D Wetherspoon plc in a research report on Wednesday, November 8th. Finally, Canaccord Genuity upped their price target on J D Wetherspoon plc from GBX 1,200 ($15.78) to GBX 1,275 ($16.77) and gave the company a “hold” rating in a research report on Wednesday, November 8th.

In related news, insider John Hutson purchased 12,126 shares of the business’s stock in a transaction that occurred on Wednesday, September 27th. The shares were bought at an average price of GBX 1,278 ($16.81) per share, for a total transaction of £154,970.28 ($203,827.80). Also, insider Nigel Connor sold 488 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of GBX 1,229 ($16.16), for a total value of £5,997.52 ($7,888.36). Insiders bought a total of 12,159 shares of company stock valued at $15,537,718 in the last three months.

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J D Wetherspoon plc (LON:JDW) remained flat at $GBX 1,236 ($16.26) on Thursday. 111,805 shares of the company were exchanged, compared to its average volume of 158,105. J D Wetherspoon plc has a twelve month low of GBX 810 ($10.65) and a twelve month high of GBX 1,296 ($17.05).

The company also recently announced a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 26th will be given a GBX 8 ($0.11) dividend. The ex-dividend date is Thursday, October 26th. This represents a dividend yield of 0.67%. This is a positive change from J D Wetherspoon plc’s previous dividend of $4.00.

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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