J D Wetherspoon (LON:JDW) Sets New 52-Week High – Should You Buy?

J D Wetherspoon plc (LON:JDW) shares hit a new 52-week high on Monday . The company traded as high as GBX 842.50 and last traded at GBX 836.12, with a volume of 9669 shares changing hands. The stock had previously closed at GBX 839.

Analysts Set New Price Targets

A number of brokerages recently issued reports on JDW. Shore Capital Group restated a “hold” rating on shares of J D Wetherspoon in a research note on Wednesday, July 22nd. Jefferies Financial Group reiterated a “buy” rating and set a GBX 840 price target on shares of J D Wetherspoon in a research note on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 460 price objective on shares of J D Wetherspoon in a report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 666.67.

J D Wetherspoon Stock Performance

The firm’s 50 day simple moving average is GBX 744.88 and its 200 day simple moving average is GBX 678.09. The firm has a market capitalization of £883.04 million, a price-to-earnings ratio of 14.75, a PEG ratio of 3.39 and a beta of 1.13. The company has a debt-to-equity ratio of 358.49, a quick ratio of 0.19 and a current ratio of 0.30.

J D Wetherspoon Company Profile

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices.

The pubs are individually designed, and the company aims to maintain them in excellent condition.