J D Wetherspoon PLC (NASDAQ:JDWPY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Thursday. The brokerage currently has a $73.00 price objective on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 11.88% from the company’s previous close.

According to Zacks, “JD Wetherspoon Plc owns and operates pubs. The principal activity of the company is development and management of public houses. It operates primarily in United Kingdom. JD Wetherspoon Plc is headquartered in Watford, the United Kingdom. “

Shares of J D Wetherspoon PLC (JDWPY) opened at 65.25 on Thursday. J D Wetherspoon PLC has a 12-month low of $52.11 and a 12-month high of $69.54. The firm has a market capitalization of $1.42 billion and a price-to-earnings ratio of 22.81. The company’s 50-day moving average is $64.31 and its 200-day moving average is $62.75.

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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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Analyst Recommendations for J D Wetherspoon PLC (NASDAQ:JDWPY)

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