J D Wetherspoon (LON:JDW) had its target price boosted by equities research analysts at Jefferies Financial Group from GBX 1,150 ($14.15) to GBX 1,200 ($14.77) in a research note issued on Monday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 19.28% from the stock’s previous close.
A number of other analysts have also recently commented on JDW. Liberum Capital restated a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday, June 24th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,200 ($14.77) target price on shares of J D Wetherspoon in a report on Monday, May 18th. Morgan Stanley reiterated an “underweight” rating on shares of J D Wetherspoon in a report on Monday, March 16th. JPMorgan Chase & Co. lowered their target price on J D Wetherspoon from GBX 1,100 ($13.54) to GBX 600 ($7.38) and set an “underweight” rating for the company in a report on Thursday, April 30th. Finally, Shore Capital reiterated an “under review” rating on shares of J D Wetherspoon in a report on Friday, March 20th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,180 ($14.52).
JDW opened at GBX 1,006 ($12.38) on Monday. The company has a quick ratio of 0.13, a current ratio of 0.25 and a debt-to-equity ratio of 478.36. J D Wetherspoon has a 12 month low of GBX 492 ($6.05) and a 12 month high of GBX 1,734 ($21.34). The company has a fifty day simple moving average of GBX 1,054.05 and a 200 day simple moving average of GBX 1,224.96. The stock has a market cap of $1.23 billion and a P/E ratio of 17.67.
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.
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