Numis Securities Ltd restated their reduce rating on shares of J D Wetherspoon plc (LON:JDW) in a research note published on Monday morning. The firm currently has a GBX 820 ($10.59) target price on the stock.

A number of other brokerages have also recently commented on JDW. HSBC Holdings plc cut shares of J D Wetherspoon plc to a hold rating and dropped their target price for the company from GBX 1,200 ($15.50) to GBX 1,090 ($14.08) in a report on Friday, September 1st. Barclays PLC restated an overweight rating and set a GBX 1,150 ($14.85) target price on shares of J D Wetherspoon plc in a report on Wednesday, August 9th. Deutsche Bank AG boosted their target price on shares of J D Wetherspoon plc from GBX 640 ($8.27) to GBX 660 ($8.52) and gave the company a sell rating in a report on Friday, May 19th. Citigroup Inc. restated a neutral rating and set a GBX 1,030 ($13.30) target price on shares of J D Wetherspoon plc in a report on Monday, May 22nd. Finally, Canaccord Genuity boosted their target price on shares of J D Wetherspoon plc from GBX 1,000 ($12.91) to GBX 1,040 ($13.43) and gave the company a hold rating in a report on Thursday, July 13th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 959.17 ($12.39).

J D Wetherspoon plc (LON JDW) opened at 1044.00 on Monday. The firm’s 50-day moving average is GBX 1,043.82 and its 200 day moving average is GBX 1,004.45. The firm’s market cap is GBX 1.14 billion. J D Wetherspoon plc has a 12-month low of GBX 810.00 and a 12-month high of GBX 1,094.00.

WARNING: “J D Wetherspoon plc (JDW) Receives “Reduce” Rating from Numis Securities Ltd” was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://www.dailypolitical.com/2017/09/14/j-d-wetherspoon-plc-jdw-receives-reduce-rating-from-numis-securities-ltd.html.

About J D Wetherspoon plc

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)

Receive News & Ratings for J D Wetherspoon plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J D Wetherspoon plc and related companies with MarketBeat.com's FREE daily email newsletter.