J D Wetherspoon plc (LON:JDW)‘s stock had its “reduce” rating restated by investment analysts at Numis Securities Ltd in a research note issued on Thursday, May 4th. They presently have a GBX 820 ($10.58) price target on the stock. Numis Securities Ltd’s target price points to a potential downside of 19.13% from the stock’s current price.
Several other research analysts also recently issued reports on the stock. Goodbody upgraded shares of J D Wetherspoon plc to a “buy” rating and upped their target price for the stock from GBX 975 ($12.59) to GBX 1,095 ($14.13) in a research note on Thursday, March 23rd. Citigroup Inc reissued a “buy” rating and set a GBX 1,030 ($13.30) price objective on shares of J D Wetherspoon plc in a report on Thursday, January 19th. Peel Hunt cut shares of J D Wetherspoon plc to a “reduce” rating and set a GBX 925 ($11.94) price objective for the company. in a report on Monday, March 6th. Barclays PLC reissued an “overweight” rating on shares of J D Wetherspoon plc in a report on Tuesday, March 14th. Finally, Deutsche Bank AG reissued a “sell” rating and set a GBX 600 ($7.74) price objective on shares of J D Wetherspoon plc in a report on Wednesday, February 15th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 949.09 ($12.25).
J D Wetherspoon plc (LON:JDW) traded down 0.39% during midday trading on Thursday, reaching GBX 1014.00. 81,734 shares of the company’s stock traded hands. The firm’s 50-day moving average is GBX 997.59 and its 200 day moving average is GBX 925.33. J D Wetherspoon plc has a 52-week low of GBX 662.50 and a 52-week high of GBX 1,060.00. The firm’s market cap is GBX 1.10 billion.
The firm also recently announced a dividend, which will be paid on Thursday, May 25th. Shareholders of record on Thursday, April 27th will be issued a dividend of GBX 4 ($0.05) per share. The ex-dividend date is Thursday, April 27th. This represents a yield of 0.43%.
In other news, insider Nigel Connor sold 733 shares of the stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of GBX 1,048 ($13.53), for a total value of £7,681.84 ($9,915.89). Also, insider John Hutson acquired 9,107 shares of J D Wetherspoon plc stock in a transaction dated Monday, March 13th. The stock was purchased at an average cost of GBX 951 ($12.28) per share, with a total value of £86,607.57 ($111,794.98). Over the last ninety days, insiders have acquired 9,168 shares of company stock valued at $8,720,312 and have sold 10,021 shares valued at $9,578,170.
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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