Panmure Gordon Reaffirms “Hold” Rating for J D Wetherspoon plc (JDW)
Panmure Gordon restated their hold rating on shares of J D Wetherspoon plc (LON:JDW) in a research report report published on Thursday morning. The brokerage currently has a GBX 800 ($10.44) price target on the stock.
Several other equities research analysts have also recently commented on the company. Barclays PLC lifted their target price on J D Wetherspoon plc from GBX 790 ($10.31) to GBX 1,000 ($13.05) and gave the company a overweight rating in a research note on Tuesday, September 13th. Beaufort Securities restated a hold rating on shares of J D Wetherspoon plc in a research report on Monday, September 12th. Numis Securities Ltd restated a reduce rating and issued a GBX 685 ($8.94) price target on shares of J D Wetherspoon plc in a research report on Friday, September 9th. Investec upgraded J D Wetherspoon plc to a buy rating and raised their price target for the stock from GBX 760 ($9.92) to GBX 1,044 ($13.63) in a research report on Friday, September 9th. Finally, Citigroup Inc. raised their price target on J D Wetherspoon plc from GBX 840 ($10.96) to GBX 980 ($12.79) and gave the stock a buy rating in a research report on Tuesday, August 9th. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. J D Wetherspoon plc presently has a consensus rating of Hold and a consensus target price of GBX 745.33 ($9.73).
J D Wetherspoon plc (LON:JDW) opened at 939.50 on Thursday. J D Wetherspoon plc has a 12 month low of GBX 589.50 and a 12 month high of GBX 979.50. The firm’s market capitalization is GBX 1.04 billion. The firm has a 50-day moving average price of GBX 891.27 and a 200 day moving average price of GBX 764.29.
The business also recently announced a dividend, which will be paid on Thursday, November 24th. Investors of record on Thursday, October 20th will be given a GBX 8 ($0.10) dividend. The ex-dividend date is Thursday, October 20th. This represents a dividend yield of 0.85%. This is an increase from J D Wetherspoon plc’s previous dividend of $4.00.
About J D Wetherspoon plc
J D Wetherspoon plc owns and operates pubs across the United Kingdom and Ireland. The Company operates hotels. The Company owned an estate of around 951 pubs. The Company also offers food and drink services. The Company’s hotels include Guildhall and Linen Exchange, Dunfermline, and Hippodrome, March.
Receive News & Ratings for J D Wetherspoon plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J D Wetherspoon plc and related companies with Analyst Ratings Network's FREE daily email newsletter.