J D Wetherspoon plc (JDW) Receives “Reduce” Rating from Numis Securities Ltd
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.
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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.
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