J D Wetherspoon’s (JDW) “Hold” Rating Reaffirmed at Shore Capital Group

J D Wetherspoon (LON:JDW)‘s stock had its “hold” rating reaffirmed by equities research analysts at Shore Capital Group in a report issued on Friday, Digital Look reports. They currently have a GBX 813 price objective on the stock. Shore Capital Group’s target price would suggest a potential downside of 14.65% from the stock’s previous close.

J D Wetherspoon Trading Up 7.8%

Shares of LON:JDW traded up GBX 69 during midday trading on Friday, hitting GBX 952.50. 965,545 shares of the stock traded hands, compared to its average volume of 2,421,715. The stock has a market capitalization of £1.00 billion, a PE ratio of 16.77, a P/E/G ratio of 3.39 and a beta of 1.13. The business’s 50 day moving average is GBX 816.28 and its two-hundred day moving average is GBX 703.73. The company has a quick ratio of 0.19, a current ratio of 0.23 and a debt-to-equity ratio of 353.03. J D Wetherspoon has a one year low of GBX 530.50 and a one year high of GBX 955.50.

J D Wetherspoon (LON:JDW) last posted its earnings results on Friday, October 2nd. The company reported GBX 51.60 earnings per share for the quarter. J D Wetherspoon had a net margin of 2.70% and a return on equity of 17.99%. As a group, research analysts forecast that J D Wetherspoon will post 52.8508772 earnings per share for the current year.

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.