HSBC Gives overweight Rating to JD Wetherspoon (JDW)
JD Wetherspoon (LON: JDW)‘s stock had its “overweight” rating reaffirmed by research analysts at HSBC in a report released on Monday. They currently have a $8.39 (520 GBX) target price on the stock.
Shares of JD Wetherspoon traded up 0.59% during mid-day trading on Monday, hitting GBX 478.50. JD Wetherspoon has a one year low of GBX 366.90 and a one year high of GBX 480.70. The company’s market cap is £590.3 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of JD Wetherspoon in a research note to investors on Friday. They now have a $9.19 price target on the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of JD Wetherspoon in a research note to investors on Wednesday, September 12th. They now have a $6.85 price target on the stock.
J D Wetherspoon plc is engaged in the development and management of public houses. The Company owns and operates pubs throughout the United Kingdom.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.
