JPMorgan Chase & Co. Reiterates “Underweight” Rating for J D Wetherspoon (LON:JDW)

JPMorgan Chase & Co. reissued their underweight rating on shares of J D Wetherspoon (LON:JDW) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports.

JDW has been the subject of a number of other reports. Shore Capital restated a sell rating on shares of J D Wetherspoon in a report on Friday, September 13th. HSBC restated a buy rating on shares of J D Wetherspoon in a report on Monday, July 15th. Peel Hunt restated a hold rating and issued a GBX 1,450 ($18.95) target price (up from GBX 1,300 ($16.99)) on shares of J D Wetherspoon in a report on Monday, September 9th. Finally, Liberum Capital restated a hold rating on shares of J D Wetherspoon in a report on Friday, September 13th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 1,321.88 ($17.27).

J D Wetherspoon stock opened at GBX 1,553 ($20.29) on Monday. J D Wetherspoon has a 1 year low of GBX 1,051 ($13.73) and a 1 year high of GBX 1,645.20 ($21.50). The firm has a 50 day moving average price of GBX 1,537.03 and a 200 day moving average price of GBX 1,408.23. The company has a market cap of $1.62 billion and a price-to-earnings ratio of 22.51. The company has a debt-to-equity ratio of 261.78, a quick ratio of 0.14 and a current ratio of 0.28.

The firm also recently disclosed a dividend, which will be paid on Thursday, November 28th. Shareholders of record on Thursday, October 24th will be paid a dividend of GBX 8 ($0.10) per share. This is an increase from J D Wetherspoon’s previous dividend of $4.00. This represents a yield of 0.52%. The ex-dividend date is Thursday, October 24th. J D Wetherspoon’s payout ratio is currently 0.17%.

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 29, 2018, it operated 883 pubs. The company was founded in 1979 and is based in Watford, the United Kingdom.

Read More: Limitations to arbitrage trading

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


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