Shore Capital Reiterates “Sell” Rating for J D Wetherspoon (LON:JDW)

Shore Capital reissued their sell rating on shares of J D Wetherspoon (LON:JDW) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.

Several other analysts have also recently commented on JDW. Numis Securities started coverage on TUI in a research report on Thursday, May 9th. They issued a buy rating on the stock. Liberum Capital lowered their price target on Superdry from GBX 600 ($7.84) to GBX 500 ($6.53) and set a buy rating on the stock in a research report on Wednesday. Peel Hunt reiterated a buy rating on shares of Lookers in a research report on Monday. Canaccord Genuity cut Cronos Group from a hold rating to a sell rating and set a C$17.00 price target on the stock. in a research report on Wednesday, March 27th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Anglo American in a research report on Wednesday, May 15th. Five equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 1,303.13 ($17.03).

JDW traded up GBX 9 ($0.12) during trading hours on Wednesday, hitting GBX 1,453 ($18.99). The company’s stock had a trading volume of 58,901 shares, compared to its average volume of 143,568. J D Wetherspoon has a fifty-two week low of GBX 1,051 ($13.73) and a fifty-two week high of GBX 1,465 ($19.14). The company has a quick ratio of 0.18, a current ratio of 0.26 and a debt-to-equity ratio of 255.30. The stock has a market capitalization of $1.53 billion and a price-to-earnings ratio of 24.22. The business’s 50-day moving average is GBX 1,395.06.

In other news, insider Nigel Connor sold 881 shares of J D Wetherspoon stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of GBX 1,372 ($17.93), for a total transaction of £12,087.32 ($15,794.22).

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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