Barclays PLC restated their overweight rating on shares of J D Wetherspoon plc (LON:JDW) in a report published on Tuesday. Barclays PLC currently has a GBX 1,250 ($16.44) price target on the stock.

JDW has been the subject of several other reports. Citigroup Inc. reaffirmed a neutral rating and issued a GBX 1,280 ($16.84) price objective on shares of J D Wetherspoon plc in a report on Friday, October 6th. Deutsche Bank AG raised their price objective on shares of J D Wetherspoon plc from GBX 660 ($8.68) to GBX 760 ($10.00) and gave the stock a sell rating in a report on Monday, September 25th. Peel Hunt raised their price objective on shares of J D Wetherspoon plc from GBX 950 ($12.50) to GBX 1,100 ($14.47) and gave the stock a reduce rating in a report on Wednesday, October 25th. Numis Securities Ltd reaffirmed a reduce rating and issued a GBX 975 ($12.82) price objective on shares of J D Wetherspoon plc in a report on Monday, September 18th. Finally, Morgan Stanley raised their price objective on shares of J D Wetherspoon plc from GBX 830 ($10.92) to GBX 910 ($11.97) and gave the stock an underweight rating in a report on Monday, September 18th. Seven equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 1,063.62 ($13.99).

Shares of J D Wetherspoon plc (LON JDW) traded up GBX 4 ($0.05) during mid-day trading on Tuesday, hitting GBX 1,243 ($16.35). 106,294 shares of the stock traded hands, compared to its average volume of 171,077. J D Wetherspoon plc has a 12 month low of GBX 810 ($10.65) and a 12 month high of GBX 1,296 ($17.05).

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The business also recently disclosed a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 26th will be given a dividend of GBX 8 ($0.11) per share. The ex-dividend date of this dividend is Thursday, October 26th. This represents a dividend yield of 0.67%. This is a boost from J D Wetherspoon plc’s previous dividend of $4.00.

In other news, insider Nigel Connor sold 488 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of GBX 1,229 ($16.16), for a total transaction of £5,997.52 ($7,888.36). Also, insider John Hutson acquired 12,126 shares of the stock in a transaction dated Wednesday, September 27th. The shares were bought at an average price of GBX 1,278 ($16.81) per share, for a total transaction of £154,970.28 ($203,827.80). In the last 90 days, insiders have bought 12,160 shares of company stock worth $15,536,442.

J D Wetherspoon plc Company Profile

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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