J D Wetherspoon (LON:JDW) Hits New 52-Week High – Should You Buy?

J D Wetherspoon plc (LON:JDW) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 782 and last traded at GBX 779.50, with a volume of 178327 shares changing hands. The stock had previously closed at GBX 759.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on JDW shares. Jefferies Financial Group restated a “buy” rating and set a GBX 840 price objective on shares of J D Wetherspoon in a report on Wednesday, May 6th. Shore Capital Group reissued a “hold” rating on shares of J D Wetherspoon in a report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 460 price target on shares of J D Wetherspoon in a report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 666.67.

J D Wetherspoon Trading Down 0.1%

The company has a market cap of £814.26 million, a P/E ratio of 13.60, a PEG ratio of 3.39 and a beta of 1.11. The firm’s 50 day moving average is GBX 685.96 and its two-hundred day moving average is GBX 667.29. The company has a quick ratio of 0.19, a current ratio of 0.30 and a debt-to-equity ratio of 358.49.

J D Wetherspoon Company Profile

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices.

The pubs are individually designed, and the company aims to maintain them in excellent condition.