J D Wetherspoon plc (LON:JDW)‘s stock had its “hold” rating restated by analysts at Canaccord Genuity in a report released on Friday. They currently have a GBX 1,040 ($13.43) price target on the stock. Canaccord Genuity’s price target would suggest a potential downside of 12.53% from the stock’s current price.
Several other research analysts have also recently issued reports on the company. Deutsche Bank AG increased their price objective on J D Wetherspoon plc from GBX 640 ($8.27) to GBX 660 ($8.52) and gave the stock a “sell” rating in a research note on Friday, May 19th. Citigroup Inc. reissued a “neutral” rating and issued a GBX 1,030 ($13.30) price objective on shares of J D Wetherspoon plc in a research note on Monday, May 22nd. Peel Hunt cut J D Wetherspoon plc to a “reduce” rating and dropped their price objective for the stock from GBX 1,000 ($12.91) to GBX 875 ($11.30) in a research note on Wednesday, July 5th. Investec reissued a “buy” rating and issued a GBX 1,150 ($14.85) price objective on shares of J D Wetherspoon plc in a research note on Wednesday, July 12th. Finally, Shore Capital reaffirmed a “sell” rating on shares of J D Wetherspoon plc in a research report on Wednesday, July 12th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 965.42 ($12.47).
J D Wetherspoon plc (LON JDW) opened at 1189.00 on Friday. The company’s market cap is GBX 1.30 billion. J D Wetherspoon plc has a 1-year low of GBX 810.00 and a 1-year high of GBX 1,189.12. The stock’s 50 day moving average price is GBX 1,048.28 and its 200 day moving average price is GBX 1,005.73.
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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.
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