J D Wetherspoon’s (JDW) “Reduce” Rating Reaffirmed at Peel Hunt

J D Wetherspoon (LON:JDW)‘s stock had its “reduce” rating restated by Peel Hunt in a research note issued on Friday. They presently have a GBX 1,100 ($14.71) price target on the stock. Peel Hunt’s target price suggests a potential downside of 13.11% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Canaccord Genuity Group upped their price objective on shares of J D Wetherspoon from GBX 1,200 ($16.04) to GBX 1,275 ($17.05) and gave the company a “hold” rating in a research report on Wednesday, November 8th. Barclays reiterated an “overweight” rating and set a GBX 1,150 ($15.38) target price on shares of J D Wetherspoon in a report on Monday, September 11th. Numis Securities reiterated a “reduce” rating and set a GBX 975 ($13.04) target price on shares of J D Wetherspoon in a report on Monday, September 18th. Deutsche Bank increased their target price on J D Wetherspoon from GBX 660 ($8.82) to GBX 760 ($10.16) and gave the stock a “sell” rating in a report on Monday, September 25th. Finally, Shore Capital reiterated a “sell” rating on shares of J D Wetherspoon in a report on Friday, September 15th. Seven equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,078.71 ($14.42).

Shares of J D Wetherspoon (LON:JDW) opened at GBX 1,266 ($16.93) on Friday. J D Wetherspoon has a 1 year low of GBX 871.50 ($11.65) and a 1 year high of GBX 1,307 ($17.48). The company has a market cap of $1,300.00 and a price-to-earnings ratio of 2,532.00.

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About J D Wetherspoon

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 (LON:JDW)

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