J D Wetherspoon plc’s (JDW) “Overweight” Rating Reiterated at Barclays PLC

Barclays PLC reaffirmed their overweight rating on shares of J D Wetherspoon plc (LON:JDW) in a research report released on Wednesday morning. The firm currently has a GBX 1,150 ($14.98) price objective on the stock.

Several other analysts have also recently commented on JDW. Peel Hunt reiterated a hold rating and issued a GBX 925 ($12.05) price objective on shares of J D Wetherspoon plc in a research note on Thursday, April 27th. Beaufort Securities reiterated a hold rating on shares of J D Wetherspoon plc in a research note on Thursday, May 4th. Canaccord Genuity upgraded shares of J D Wetherspoon plc to a hold rating and raised their price objective for the company from GBX 850 ($11.07) to GBX 1,000 ($13.02) in a research note on Thursday, May 4th. Numis Securities Ltd reiterated a reduce rating and issued a GBX 820 ($10.68) price objective on shares of J D Wetherspoon plc in a research note on Thursday, May 4th. Finally, Berenberg Bank reiterated a sell rating and issued a GBX 750 ($9.77) price objective on shares of J D Wetherspoon plc in a research note on Wednesday, May 10th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 956.67 ($12.46).

J D Wetherspoon plc (LON JDW) opened at 1036.00 on Wednesday. J D Wetherspoon plc has a 12 month low of GBX 810.00 and a 12 month high of GBX 1,060.00. The firm’s market cap is GBX 1.13 billion. The firm has a 50 day moving average of GBX 1,005.54 and a 200-day moving average of GBX 986.34.

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In other J D Wetherspoon plc news, insider Nigel Connor sold 733 shares of J D Wetherspoon plc stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of GBX 1,048 ($13.65), for a total transaction of £7,681.84 ($10,003.70). In the last 90 days, insiders have acquired 41 shares of company stock valued at $41,730.

About J D Wetherspoon plc

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.

Analyst Recommendations for J D Wetherspoon plc (LON:JDW)

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