J D Wetherspoon (LON:JDW) was upgraded by investment analysts at Peel Hunt to a “hold” rating in a note issued to investors on Monday. The brokerage presently has a GBX 1,200 ($16.58) price target on the stock, up from their prior price target of GBX 1,100 ($15.20). Peel Hunt’s price objective indicates a potential downside of 9.43% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. Liberum Capital reissued a “hold” rating and set a GBX 1,050 ($14.51) price objective on shares of J D Wetherspoon in a research report on Wednesday, January 24th. Beaufort Securities restated a “sell” rating and set a GBX 1,142 ($15.78) target price on shares of J D Wetherspoon in a report on Thursday, January 25th. Shore Capital restated a “sell” rating on shares of J D Wetherspoon in a report on Wednesday, January 24th. Canaccord Genuity restated a “hold” rating and set a GBX 1,275 ($17.62) target price on shares of J D Wetherspoon in a report on Wednesday, January 24th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 1,150 ($15.89) target price on shares of J D Wetherspoon in a report on Monday, January 8th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. J D Wetherspoon currently has an average rating of “Hold” and an average target price of GBX 1,151.21 ($15.91).
J D Wetherspoon (LON:JDW) traded up GBX 18 ($0.25) on Monday, reaching GBX 1,325 ($18.31). The company had a trading volume of 210,789 shares, compared to its average volume of 136,650. The firm has a market capitalization of $1,400.00 and a PE ratio of 2,650.00. J D Wetherspoon has a 52-week low of GBX 921 ($12.72) and a 52-week high of GBX 1,346.14 ($18.60).
TRADEMARK VIOLATION NOTICE: This news story was originally reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/03/12/peel-hunt-upgrades-j-d-wetherspoon-jdw-to-hold.html.
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.
Receive News & Ratings for J D Wetherspoon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J D Wetherspoon and related companies with MarketBeat.com's FREE daily email newsletter.