J D Wetherspoon (LON:JDW) Given “Sell” Rating at Shore Capital

Shore Capital reiterated their sell rating on shares of J D Wetherspoon (LON:JDW) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently issued reports on the company. HSBC reaffirmed a buy rating on shares of J D Wetherspoon in a report on Monday, July 15th. Peel Hunt reaffirmed a hold rating and set a GBX 1,450 ($18.95) price target (up from GBX 1,300 ($16.99)) on shares of J D Wetherspoon in a report on Monday, September 9th. Finally, Liberum Capital reaffirmed a hold rating on shares of J D Wetherspoon in a report on Wednesday, July 10th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of GBX 1,321.88 ($17.27).

Shares of LON JDW opened at GBX 1,486 ($19.42) on Friday. The company has a market capitalization of $1.56 billion and a price-to-earnings ratio of 24.77. The company has a debt-to-equity ratio of 255.30, a current ratio of 0.26 and a quick ratio of 0.18. The business has a 50-day moving average of GBX 1,538.97 and a two-hundred day moving average of GBX 1,404.88. J D Wetherspoon has a 1 year low of GBX 1,051 ($13.73) and a 1 year high of GBX 1,645.20 ($21.50).

The firm also recently declared a dividend, which will be paid on Thursday, November 28th. Shareholders of record on Thursday, October 24th will be issued a dividend of GBX 8 ($0.10) per share. This represents a yield of 0.52%. This is an increase 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 0.20%.

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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