J D Wetherspoon’s (LON:JDW) “Reduce” Rating Reaffirmed at Peel Hunt
J D Wetherspoon (LON:JDW)‘s stock had its “reduce” rating reaffirmed by research analysts at Peel Hunt in a research note issued to investors on Friday, January 5th. They currently have a GBX 1,100 ($15.45) price target on the stock. Peel Hunt’s price target indicates a potential downside of 15.12% from the company’s current price.
Several other equities research analysts have also recently weighed in on JDW. Canaccord Genuity Group boosted their price objective on J D Wetherspoon from GBX 1,200 ($16.85) to GBX 1,275 ($17.90) and gave the stock a “hold” rating in a research note on Wednesday, November 8th. Barclays reissued an “overweight” rating and set a GBX 1,150 ($16.15) price objective on shares of J D Wetherspoon in a research note on Monday, September 11th. Canaccord Genuity boosted their price objective on J D Wetherspoon from GBX 1,200 ($16.85) to GBX 1,275 ($17.90) and gave the stock a “hold” rating in a research note on Wednesday, November 8th. Deutsche Bank boosted their price objective on J D Wetherspoon from GBX 660 ($9.27) to GBX 760 ($10.67) and gave the stock a “sell” rating in a research note on Monday, September 25th. Finally, Beaufort Securities cut J D Wetherspoon to a “sell” rating and set a GBX 1,142 ($16.04) price objective on the stock. in a research note on Thursday, November 9th. Six analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,113.36 ($15.63).
Shares of J D Wetherspoon (LON:JDW) traded down GBX 19 ($0.27) during mid-day trading on Friday, hitting GBX 1,296 ($18.20). The stock had a trading volume of 164,376 shares, compared to its average volume of 126,174. J D Wetherspoon has a 1 year low of GBX 920.50 ($12.93) and a 1 year high of GBX 1,346.14 ($18.90). The company has a market capitalization of $1,380.00 and a PE ratio of 2,592.00.
J D Wetherspoon 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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