J D Wetherspoon plc (JDW) Given Average Rating of “Hold” by Brokerages

J D Wetherspoon plc (LON:JDW) has been assigned a consensus rating of “Hold” from the eleven research firms that are currently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 1,224.57 ($16.00).

JDW has been the subject of a number of recent research reports. Peel Hunt downgraded J D Wetherspoon to a “hold” rating and raised their price target for the stock from GBX 1,300 ($16.99) to GBX 1,325 ($17.31) in a research note on Tuesday, September 25th. Barclays raised their price target on J D Wetherspoon from GBX 1,400 ($18.29) to GBX 1,450 ($18.95) and gave the stock an “overweight” rating in a research note on Thursday, September 27th. Liberum Capital reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Thursday, November 1st. Berenberg Bank cut their price target on J D Wetherspoon from GBX 1,450 ($18.95) to GBX 1,400 ($18.29) and set a “buy” rating for the company in a research note on Thursday, November 8th. Finally, Canaccord Genuity cut their price target on J D Wetherspoon from GBX 1,360 ($17.77) to GBX 1,220 ($15.94) and set a “hold” rating for the company in a research note on Thursday, November 8th.

Shares of JDW traded down GBX 6 ($0.08) during midday trading on Tuesday, reaching GBX 1,196 ($15.63). 187,470 shares of the stock were exchanged, compared to its average volume of 143,568. J D Wetherspoon has a 12-month low of GBX 926.50 ($12.11) and a 12-month high of GBX 1,346.14 ($17.59).

About J D Wetherspoon

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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