Beaufort Securities downgraded shares of J D Wetherspoon (LON:JDW) to a sell rating in a research report sent to investors on Thursday, November 9th. The firm currently has GBX 1,142 ($15.22) price objective on the stock.
JDW has been the topic of a number of other research reports. downgraded J D Wetherspoon to a hold rating and lowered their price target for the stock from GBX 1,200 ($16.00) to GBX 1,090 ($14.53) in a research report on Friday, September 1st. Morgan Stanley boosted their price target on J D Wetherspoon from GBX 830 ($11.07) to GBX 910 ($12.13) and gave the stock an underweight rating in a research report on Monday, September 18th. Peel Hunt upped their target price on J D Wetherspoon from GBX 950 ($12.66) to GBX 1,100 ($14.66) and gave the company a reduce rating in a research report on Wednesday, October 25th. Deutsche Bank reaffirmed a sell rating and issued a GBX 760 ($10.13) target price on shares of J D Wetherspoon in a research report on Thursday, November 9th. Finally, Canaccord Genuity reaffirmed a hold rating and issued a GBX 1,040 ($13.86) target price on shares of J D Wetherspoon in a research report on Friday, September 15th. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. J D Wetherspoon has an average rating of Hold and a consensus price target of GBX 1,078.71 ($14.38).
J D Wetherspoon (LON JDW) traded up GBX 4 ($0.05) on Thursday, reaching GBX 1,236 ($16.48). The company had a trading volume of 139,395 shares, compared to its average volume of 159,440. J D Wetherspoon has a fifty-two week low of GBX 810 ($10.80) and a fifty-two week high of GBX 1,296 ($17.28).
In other J D Wetherspoon news, insider John Hutson purchased 12,126 shares of the firm’s stock in a transaction on Wednesday, September 27th. The stock was purchased at an average cost of GBX 1,278 ($17.04) per share, for a total transaction of £154,970.28 ($206,599.49). Also, insider Nigel Connor sold 488 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of GBX 1,229 ($16.38), for a total value of £5,997.52 ($7,995.63). Over the last ninety days, insiders have purchased 12,159 shares of company stock valued at $15,537,718.
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About J D Wetherspoon
J D Wetherspoon plc owns and operates pubs throughout the United Kingdom and Ireland. The Company aims to provide customers with food and drinks. The Company operates a trading estate of approximately 926 pubs. The Company operates over 40 hotels and approximately 900 rooms. The Company’s hotels include George Hotel, the Shrewsbury Hotel and the Unicorn, Ripon.
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