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

J D Wetherspoon plc (LON:JDW) has been given a consensus recommendation of “Hold” by the nine research firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,400 ($18.29).

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. reissued an “underweight” rating on shares of J D Wetherspoon in a research report on Monday, September 16th. HSBC reissued a “buy” rating on shares of J D Wetherspoon in a research report on Monday, July 15th. Shore Capital reissued a “sell” rating on shares of J D Wetherspoon in a research report on Friday, September 13th. Berenberg Bank boosted their price target on J D Wetherspoon from GBX 1,400 ($18.29) to GBX 1,750 ($22.87) and gave the company a “buy” rating in a research report on Monday, September 23rd. Finally, Peel Hunt reissued a “hold” rating and set a GBX 1,450 ($18.95) price target (up previously from GBX 1,300 ($16.99)) on shares of J D Wetherspoon in a research report on Monday, September 9th.

JDW stock traded down GBX 12 ($0.16) during trading on Friday, reaching GBX 1,531 ($20.01). 194,818 shares of the stock traded hands, compared to its average volume of 143,568. The business’s 50 day moving average price is GBX 1,545.06 and its 200-day moving average price is GBX 1,426.02. J D Wetherspoon has a 52-week low of GBX 1,051 ($13.73) and a 52-week high of GBX 1,645.20 ($21.50). The company has a debt-to-equity ratio of 261.78, a current ratio of 0.28 and a quick ratio of 0.14. The firm has a market capitalization of $1.60 billion and a PE ratio of 22.19.

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

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Analyst Recommendations for J D Wetherspoon (LON:JDW)

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