J D Wetherspoon (LON:JDW) had its price objective lowered by equities research analysts at Canaccord Genuity from GBX 1,360 ($17.77) to GBX 1,220 ($15.94) in a research report issued to clients and investors on Thursday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective points to a potential upside of 3.13% from the company’s previous close.
JDW has been the topic of a number of other reports. Numis Securities restated a “reduce” rating on shares of J D Wetherspoon in a report on Monday, September 17th. Liberum Capital restated a “hold” rating on shares of J D Wetherspoon in a report on Friday, September 14th. Peel Hunt downgraded J D Wetherspoon to a “hold” rating and raised their price objective for the stock from GBX 1,300 ($16.99) to GBX 1,325 ($17.31) in a report on Tuesday, September 25th. Berenberg Bank cut their price objective on J D Wetherspoon from GBX 1,450 ($18.95) to GBX 1,400 ($18.29) and set a “buy” rating on the stock in a report on Thursday. Finally, Barclays raised their price objective on J D Wetherspoon from GBX 1,400 ($18.29) to GBX 1,450 ($18.95) and gave the stock an “overweight” rating in a report on Thursday, September 27th. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 1,218 ($15.92).
LON JDW traded up GBX 45 ($0.59) during trading hours on Thursday, hitting GBX 1,183 ($15.46). 289,575 shares of the company’s 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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