J D Wetherspoon (JDW) Stock Rating Reaffirmed by Peel Hunt

J D Wetherspoon (LON:JDW)‘s stock had its “hold” rating reissued by research analysts at Peel Hunt in a research report issued to clients and investors on Wednesday.

A number of other brokerages have also recently commented on JDW. Liberum Capital reiterated a “hold” rating on shares of J D Wetherspoon in a research report on Wednesday. Berenberg Bank reiterated a “buy” rating on shares of J D Wetherspoon in a research report on Wednesday, September 19th. Barclays increased their target price on shares of J D Wetherspoon from GBX 1,400 ($18.29) to GBX 1,450 ($18.95) and gave the company an “overweight” rating in a research report on Thursday, September 27th. Canaccord Genuity increased their target price 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 research report on Monday, September 17th. Finally, Shore Capital reiterated a “sell” rating on shares of J D Wetherspoon in a research report on Wednesday, July 11th. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,239.11 ($16.19).

Shares of LON JDW opened at GBX 1,231 ($16.09) on Wednesday. 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 news, insider Su Cacioppo sold 4,333 shares of the stock in a transaction dated Monday, October 1st. The shares were sold at an average price of GBX 1,297 ($16.95), for a total value of £56,199.01 ($73,433.96). Also, insider John Hutson acquired 8,384 shares of the company’s stock in a transaction that occurred on Monday, September 17th. The stock was purchased at an average cost of GBX 1,263 ($16.50) per share, with a total value of £105,889.92 ($138,363.94). Insiders bought 8,408 shares of company stock valued at $10,619,700 over 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.

Further Reading: What do investors mean by earnings per share?

Analyst Recommendations for J D Wetherspoon (LON:JDW)

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