J D Wetherspoon (JDW) Now Covered by Royal Bank of Canada
Royal Bank of Canada initiated coverage on shares of J D Wetherspoon (LON:JDW) in a report issued on Tuesday morning. The brokerage issued an underperform rating and a GBX 1,100 ($14.37) target price on the stock.
Other analysts also recently issued research reports about the stock. Peel Hunt reaffirmed an add rating on shares of J D Wetherspoon in a report on Friday, September 14th. Berenberg Bank reaffirmed a buy rating on shares of J D Wetherspoon in a report on Wednesday, September 19th. Canaccord Genuity raised their price target on shares of J D Wetherspoon from GBX 1,300 ($16.99) to GBX 1,360 ($17.77) and gave the company a hold rating in a report on Monday, September 17th. Finally, Liberum Capital reaffirmed a hold rating on shares of J D Wetherspoon in a report on Friday, September 14th. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. J D Wetherspoon has a consensus rating of Hold and a consensus target price of GBX 1,217.44 ($15.91).
Shares of LON JDW opened at GBX 1,114 ($14.56) on Tuesday. J D Wetherspoon has a 52-week low of GBX 926.50 ($12.11) and a 52-week high of GBX 1,346.14 ($17.59).
In other J D Wetherspoon news, insider John Hutson acquired 8,384 shares of the stock in a transaction dated Monday, September 17th. The shares were purchased at an average price of GBX 1,263 ($16.50) per share, for a total transaction of £105,889.92 ($138,363.94). Also, insider Su Cacioppo sold 4,333 shares of the stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of GBX 1,297 ($16.95), for a total transaction of £56,199.01 ($73,433.96). Insiders bought a total of 8,408 shares of company stock worth $10,619,700 in the last quarter.
J D Wetherspoon Company Profile
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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