Shore Capital restated their sell rating on shares of J D Wetherspoon plc (LON:JDW) in a report issued on Wednesday morning.

Several other equities analysts have also issued reports on the stock. Peel Hunt lifted their price target on shares of J D Wetherspoon plc from GBX 875 ($11.51) to GBX 950 ($12.50) and gave the stock a reduce rating in a report on Friday, September 15th. Numis Securities Ltd reaffirmed a reduce rating and issued a GBX 820 ($10.79) price target on shares of J D Wetherspoon plc in a report on Monday, September 11th. Canaccord Genuity reaffirmed a hold rating and issued a GBX 1,040 ($13.68) price target on shares of J D Wetherspoon plc in a report on Friday, September 15th. Liberum Capital reaffirmed a hold rating and issued a GBX 1,050 ($13.81) price target on shares of J D Wetherspoon plc in a report on Friday, September 15th. Finally, Morgan Stanley lifted their price target on shares of J D Wetherspoon plc from GBX 830 ($10.92) to GBX 910 ($11.97) and gave the stock an underweight rating in a report on Monday, September 18th. Seven analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 1,063.62 ($13.99).

J D Wetherspoon plc (LON:JDW) traded up GBX 4 ($0.05) during midday trading on Wednesday, reaching GBX 1,243 ($16.35). 106,294 shares of the company’s stock traded hands, compared to its average volume of 171,077. J D Wetherspoon plc has a fifty-two week low of GBX 810 ($10.65) and a fifty-two week high of GBX 1,296 ($17.05).

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The firm also recently announced a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, October 26th will be given a dividend of GBX 8 ($0.11) per share. The ex-dividend date of this dividend is Thursday, October 26th. This is an increase from J D Wetherspoon plc’s previous dividend of $4.00. This represents a yield of 0.67%.

In related news, insider Nigel Connor sold 546 shares of the business’s stock in a transaction on Friday, October 6th. The shares were sold at an average price of GBX 1,237 ($16.27), for a total transaction of £6,754.02 ($8,883.36). Also, insider John Hutson bought 12,126 shares of the firm’s stock in a transaction that occurred on Wednesday, September 27th. The shares were acquired at an average price of GBX 1,278 ($16.81) per share, with a total value of £154,970.28 ($203,827.80). Insiders have purchased 12,160 shares of company stock valued at $15,536,442 over the last 90 days.

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.

Analyst Recommendations for J D Wetherspoon plc (LON:JDW)

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