J D Wetherspoon plc (LON:JDW) had its price target hoisted by Morgan Stanley from GBX 830 ($11.19) to GBX 910 ($12.27) in a research report released on Monday. Morgan Stanley currently has an underweight rating on the stock.

A number of other brokerages have also recently issued reports on JDW. Peel Hunt increased their target price on J D Wetherspoon plc from GBX 875 ($11.80) to GBX 950 ($12.81) and gave the stock a reduce rating in a report on Friday. Barclays PLC reiterated an overweight rating and issued a GBX 1,150 ($15.50) target price on shares of J D Wetherspoon plc in a report on Wednesday, August 9th. Liberum Capital started coverage on J D Wetherspoon plc in a report on Wednesday, July 5th. They issued a hold rating and a GBX 1,050 ($14.16) target price on the stock. Numis Securities Ltd reiterated a reduce rating and issued a GBX 820 ($11.06) target price on shares of J D Wetherspoon plc in a report on Monday, September 11th. Finally, Shore Capital reiterated a sell rating on shares of J D Wetherspoon plc in a report on Wednesday, July 12th. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 980.77 ($13.22).

Shares of J D Wetherspoon plc (LON JDW) opened at 1226.00 on Monday. The stock has a 50 day moving average of GBX 1,054.49 and a 200-day moving average of GBX 1,007.69. J D Wetherspoon plc has a 12-month low of GBX 810.00 and a 12-month high of GBX 1,229.00. The firm’s market capitalization is GBX 1.34 billion.

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The firm also recently announced a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 26th will be given a dividend of GBX 8 ($0.11) per share. The ex-dividend date is Thursday, October 26th. This is a positive change from J D Wetherspoon plc’s previous dividend of $4.00. This represents a dividend yield of 0.67%.

About J D Wetherspoon plc

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.

Analyst Recommendations for J D Wetherspoon plc (LON:JDW)

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