J D Wetherspoon (JDW) Given New GBX 1,400 Price Target at Berenberg Bank

J D Wetherspoon (LON:JDW) had its price target lifted by Berenberg Bank to GBX 1,400 ($18.29) in a report issued on Tuesday, February 5th. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 9.03% from the stock’s current price.

A number of other research analysts have also commented on the company. JPMorgan Chase & Co. increased their price objective on J D Wetherspoon from GBX 930 ($12.15) to GBX 970 ($12.67) and gave the company an “underweight” rating in a research report on Monday, January 28th. Peel Hunt restated a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, January 23rd. Liberum Capital restated a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, January 23rd. Royal Bank of Canada started coverage on J D Wetherspoon in a research report on Tuesday, December 4th. They issued an “underperform” rating and a GBX 1,100 ($14.37) price target on the stock. Finally, Canaccord Genuity reduced their price target on J D Wetherspoon from GBX 1,360 ($17.77) to GBX 1,220 ($15.94) and set a “hold” rating on the stock in a research report on Thursday, November 8th. Five analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,231.88 ($16.10).

JDW traded up GBX 7 ($0.09) during mid-day trading on Tuesday, reaching GBX 1,284 ($16.78). The stock had a trading volume of 119,371 shares, compared to its average volume of 143,568. J D Wetherspoon has a 52 week low of GBX 926.50 ($12.11) and a 52 week high of GBX 1,346.14 ($17.59).

J D Wetherspoon Company Profile

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.

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Analyst Recommendations for J D Wetherspoon (LON:JDW)

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