Liberum Capital Reiterates Hold Rating for J D Wetherspoon (LON:JDW)

Liberum Capital reissued their hold rating on shares of J D Wetherspoon (LON:JDW) in a research note published on Wednesday morning, Digital Look reports. Liberum Capital currently has a GBX 1,370 ($17.90) price target on the stock.

A number of other research analysts have also recently issued reports on JDW. Peel Hunt reissued a hold rating on shares of J D Wetherspoon in a report on Tuesday. JPMorgan Chase & Co. reissued an underweight rating on shares of J D Wetherspoon in a report on Monday, September 16th. Berenberg Bank lifted their price objective 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 report on Monday, September 23rd. Morgan Stanley reissued an underweight rating on shares of J D Wetherspoon in a report on Monday. Finally, Shore Capital reaffirmed a sell rating on shares of J D Wetherspoon in a report on Friday, September 13th. Five investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. J D Wetherspoon has a consensus rating of Hold and an average target price of GBX 1,363.57 ($17.82).

Shares of LON JDW traded down GBX 15 ($0.20) during midday trading on Wednesday, reaching GBX 1,551 ($20.27). 79,137 shares of the company traded hands, compared to its average volume of 143,568. The firm has a market cap of $1.63 billion and a PE ratio of 22.48. The stock’s 50-day simple moving average is GBX 1,510.82 and its 200-day simple moving average is GBX 1,461.28. J D Wetherspoon has a 12 month low of GBX 1,051 ($13.73) and a 12 month high of GBX 1,645.20 ($21.50). 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 declared a dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, October 24th will be issued a GBX 8 ($0.10) dividend. This represents a dividend yield of 0.52%. This is a boost from J D Wetherspoon’s previous dividend of $4.00. The ex-dividend date of this dividend is Thursday, October 24th. J D Wetherspoon’s payout ratio is currently 0.17%.

In related news, insider Su Cacioppo sold 4,498 shares of J D Wetherspoon stock in a transaction dated Friday, October 4th. The stock was sold at an average price of GBX 1,531 ($20.01), for a total value of £68,864.38 ($89,983.51).

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 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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