J D Wetherspoon (LON:JDW) had its price target raised by Berenberg Bank to GBX 1,400 ($18.29) in a research note published on Tuesday, February 5th. Berenberg Bank currently has a buy rating on the stock.
A number of other research firms also recently issued reports on JDW. Liberum Capital reiterated a hold rating on shares of J D Wetherspoon in a research report on Thursday, November 1st. Peel Hunt reaffirmed a hold rating on shares of J D Wetherspoon in a research report on Wednesday, November 7th. Canaccord Genuity decreased their price target on shares of J D Wetherspoon from GBX 1,360 ($17.77) to GBX 1,220 ($15.94) and set a hold rating for the company in a research report on Thursday, November 8th. JPMorgan Chase & Co. started coverage on shares of J D Wetherspoon in a research report on Tuesday, November 20th. They set an underweight rating and a GBX 930 ($12.15) price target for the company. Finally, Royal Bank of Canada started coverage on shares of J D Wetherspoon in a report on Tuesday, December 4th. They issued an underperform rating and a GBX 1,100 ($14.37) price objective on the stock. Five analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. J D Wetherspoon presently has an average rating of Hold and an average target price of GBX 1,258.89 ($16.45).
Shares of JDW stock traded up GBX 16 ($0.21) during mid-day trading on Tuesday, hitting GBX 1,328 ($17.35). 100,677 shares of the stock were exchanged, compared to its average volume of 143,568. J D Wetherspoon has a 12-month low of GBX 926.50 ($12.11) and a 12-month high of GBX 1,346.14 ($17.59).
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.
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