J D Wetherspoon plc (LON:JDW) Given Average Rating of “Hold” by Analysts

J D Wetherspoon plc (LON:JDW) has been given an average recommendation of “Hold” by the eleven ratings firms that are covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 1,312.50 ($17.15).

Several equities analysts have weighed in on JDW shares. Peel Hunt restated an “under review” rating on shares of Motif Bio in a research note on Monday, July 15th. Numis Securities started coverage on TUI in a research note on Thursday, May 9th. They set a “buy” rating on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of Anglo American in a research note on Wednesday, May 15th. Liberum Capital dropped their price objective on Superdry from GBX 600 ($7.84) to GBX 500 ($6.53) and set a “buy” rating on the stock in a research note on Wednesday, July 10th. Finally, Canaccord Genuity cut Cronos Group from a “hold” rating to a “sell” rating and set a C$17.00 price objective on the stock. in a research note on Wednesday, March 27th.

In other news, insider Nigel Connor sold 881 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of GBX 1,372 ($17.93), for a total transaction of £12,087.32 ($15,794.22). Over the last ninety days, insiders have bought 31 shares of company stock valued at $44,047.

LON:JDW traded up GBX 44 ($0.57) during trading hours on Tuesday, hitting GBX 1,571 ($20.53). 351,013 shares of the company traded hands, compared to its average volume of 143,568. The company has a debt-to-equity ratio of 255.30, a quick ratio of 0.18 and a current ratio of 0.26. The business’s 50-day simple moving average is GBX 1,420.58. J D Wetherspoon has a one year low of GBX 1,051 ($13.73) and a one year high of GBX 1,476 ($19.29). The firm has a market cap of $1.65 billion and a P/E ratio of 26.18.

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.

Further Reading: Quiet Period

Analyst Recommendations for J D Wetherspoon (LON:JDW)

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