J D Wetherspoon (JDW) Price Target Raised to GBX 1,400

J D Wetherspoon (LON:JDW) had its price objective boosted by equities researchers at Berenberg Bank to GBX 1,400 ($18.29) in a research note issued to investors on Tuesday, February 5th. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 9.29% from the company’s current price.

Several other analysts also recently commented on the stock. Peel Hunt restated a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, November 7th. JPMorgan Chase & Co. started coverage on shares of J D Wetherspoon in a research report on Tuesday, November 20th. They set an “underweight” rating and a GBX 930 ($12.15) price objective on the stock. Liberum Capital restated a “hold” rating on shares of J D Wetherspoon in a research report on Thursday, November 1st. Canaccord Genuity decreased their price objective on shares of J D Wetherspoon from GBX 1,360 ($17.77) to GBX 1,220 ($15.94) and set a “hold” rating on the stock in a research report on Thursday, November 8th. Finally, Royal Bank of Canada started coverage on shares of J D Wetherspoon in a research report on Tuesday, December 4th. They set an “underperform” rating and a GBX 1,100 ($14.37) price objective on the stock. Five analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 1,231.88 ($16.10).

Shares of JDW stock traded down GBX 3 ($0.04) on Tuesday, hitting GBX 1,281 ($16.74). 106,366 shares of the stock traded hands, compared to its average volume of 143,568. 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).

About J D Wetherspoon

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.

Read More: What are earnings reports?

Analyst Recommendations for J D Wetherspoon (LON:JDW)

Receive News & Ratings for J D Wetherspoon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J D Wetherspoon and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit