J D Wetherspoon (LON:JDW) Receives “Buy” Rating from Citigroup

Citigroup reissued their buy rating on shares of J D Wetherspoon (LON:JDW) in a research report sent to investors on Tuesday, Digital Look reports. They currently have a GBX 925 ($11.43) price target on the stock.

JDW has been the subject of several other reports. Jefferies Financial Group boosted their target price on shares of J D Wetherspoon from GBX 900 ($11.12) to GBX 925 ($11.43) and gave the company a buy rating in a research report on Tuesday, February 20th. Shore Capital restated a hold rating on shares of J D Wetherspoon in a research report on Friday, March 22nd.

J D Wetherspoon Stock Performance

Shares of LON JDW opened at GBX 733.50 ($9.06) on Tuesday. The firm has a 50 day moving average of GBX 760.10 and a 200 day moving average of GBX 752.54. The company has a current ratio of 0.34, a quick ratio of 0.19 and a debt-to-equity ratio of 317.46. The firm has a market capitalization of £906.75 million, a price-to-earnings ratio of 2,292.19, a price-to-earnings-growth ratio of 3.39 and a beta of 1.30. J D Wetherspoon has a 12-month low of GBX 587 ($7.25) and a 12-month high of GBX 862.50 ($10.65).

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.