Numis Securities reaffirmed their reduce rating on shares of J D Wetherspoon (LON:JDW) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.
JDW has been the subject of several other research reports. Berenberg Bank boosted their target price on J D Wetherspoon to GBX 1,400 ($18.29) and gave the company a buy rating in a research report on Tuesday, February 5th. Peel Hunt restated a hold rating and set a GBX 1,225 ($16.01) target price on shares of J D Wetherspoon in a research report on Friday, March 15th. JPMorgan Chase & Co. boosted their target price on J D Wetherspoon from GBX 970 ($12.67) to GBX 1,070 ($13.98) and gave the company an underweight rating in a research report on Tuesday, March 5th. HSBC boosted their target price on J D Wetherspoon from GBX 1,310 ($17.12) to GBX 1,475 ($19.27) and gave the company a buy rating in a research report on Friday, February 22nd. Finally, Canaccord Genuity restated a hold rating and set a GBX 1,220 ($15.94) target price on shares of J D Wetherspoon in a research report on Friday, March 15th. Five research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 1,303.13 ($17.03).
JDW traded up GBX 6 ($0.08) on Thursday, hitting GBX 1,305 ($17.05). The company had a trading volume of 107,840 shares, compared to its average volume of 143,568. The firm has a market cap of $1.35 billion and a P/E ratio of 21.75. J D Wetherspoon has a 12-month low of GBX 1,051 ($13.73) and a 12-month high of GBX 1,384 ($18.08). The company has a current ratio of 0.26, a quick ratio of 0.18 and a debt-to-equity ratio of 255.30.
In other J D Wetherspoon news, insider Nigel Connor sold 1,613 shares of the stock in a transaction on Monday, March 18th. The shares were sold at an average price of GBX 1,310 ($17.12), for a total transaction of £21,130.30 ($27,610.48). Also, insider John Hutson sold 2,500 shares of the firm’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of GBX 1,333 ($17.42), for a total transaction of £33,325 ($43,545.02). Insiders have sold 7,494 shares of company stock valued at $9,916,762 in the last ninety days.
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.
Featured Article: What is the Bid-Ask Spread?
Receive News & Ratings for J D Wetherspoon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J D Wetherspoon and related companies with MarketBeat.com's FREE daily email newsletter.