J D Wetherspoon plc (JDW) Given New GBX 760 Price Target at Deutsche Bank AG
J D Wetherspoon plc (LON:JDW) had its price target hoisted by Deutsche Bank AG from GBX 660 ($8.88) to GBX 760 ($10.22) in a research report sent to investors on Monday. The brokerage currently has a sell rating on the stock.
JDW has been the subject of a number of other reports. Canaccord Genuity boosted their price target on J D Wetherspoon plc from GBX 1,000 ($13.45) to GBX 1,040 ($13.99) and gave the company a hold rating in a report on Thursday, July 13th. Barclays PLC reissued an overweight rating and issued a GBX 1,250 ($16.81) price target on shares of J D Wetherspoon plc in a report on Monday, September 18th. HSBC Holdings plc downgraded J D Wetherspoon plc to a hold rating and decreased their price target for the company from GBX 1,200 ($16.14) to GBX 1,090 ($14.66) in a report on Friday, September 1st. Peel Hunt reissued a reduce rating and issued a GBX 875 ($11.77) price target on shares of J D Wetherspoon plc in a report on Wednesday, July 12th. Finally, Investec reissued a buy rating and issued a GBX 1,150 ($15.47) price target on shares of J D Wetherspoon plc in a report on Wednesday, July 12th. Six research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. J D Wetherspoon plc presently has an average rating of Hold and an average target price of GBX 988.46 ($13.29).
Shares of J D Wetherspoon plc (JDW) opened at 1258.00 on Monday. The stock’s market capitalization is GBX 1.34 billion. The company has a 50-day moving average of GBX 1,059.01 and a 200 day moving average of GBX 1,009.35. J D Wetherspoon plc has a 12-month low of GBX 810.00 and a 12-month high of GBX 1,277.00.
The firm also recently disclosed a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 26th will be given a GBX 8 ($0.11) dividend. The ex-dividend date is Thursday, October 26th. This is a boost from J D Wetherspoon plc’s previous dividend of $4.00. This represents a dividend yield of 0.67%.
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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