Zacks Investment Research lowered shares of J D Wetherspoon PLC (NASDAQ:JDWPY) from a buy rating to a hold rating in a research report released on Thursday morning.

According to Zacks, “JD Wetherspoon Plc owns and operates pubs. The principal activity of the company is development and management of public houses. It operates primarily in United Kingdom. JD Wetherspoon Plc is headquartered in Watford, the United Kingdom. “

Separately, HSBC Holdings plc cut shares of J D Wetherspoon PLC from a buy rating to a hold rating in a research report on Friday, September 1st. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company. J D Wetherspoon PLC has a consensus rating of Hold and a consensus target price of $73.00.

J D Wetherspoon PLC (JDWPY) opened at 67.50 on Thursday. The stock has a 50 day moving average of $64.31 and a 200 day moving average of $62.75. The firm has a market capitalization of $1.47 billion and a price-to-earnings ratio of 23.52. J D Wetherspoon PLC has a one year low of $52.11 and a one year high of $69.54.

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J D Wetherspoon PLC Company Profile

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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