Barclays PLC reaffirmed their overweight rating on shares of J D Wetherspoon plc (LON:JDW) in a research report sent to investors on Monday, Marketbeat.com reports. They currently have a GBX 1,250 ($16.85) target price on the stock.

JDW has been the topic of several other research reports. HSBC Holdings plc lowered J D Wetherspoon plc to a hold rating and dropped their target price for the company from GBX 1,200 ($16.18) to GBX 1,090 ($14.70) in a report on Friday, September 1st. Citigroup Inc. reissued a neutral rating and issued a GBX 1,030 ($13.89) target price on shares of J D Wetherspoon plc in a report on Monday, May 22nd. Canaccord Genuity reissued a hold rating and issued a GBX 1,040 ($14.02) target price on shares of J D Wetherspoon plc in a report on Friday, September 15th. Liberum Capital reissued a hold rating and issued a GBX 1,050 ($14.16) target price on shares of J D Wetherspoon plc in a report on Friday, September 15th. Finally, Peel Hunt increased their target price on J D Wetherspoon plc from GBX 875 ($11.80) to GBX 950 ($12.81) and gave the company a reduce rating in a report on Friday, September 15th. Six investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 980.77 ($13.22).

J D Wetherspoon plc (LON JDW) opened at 1233.00 on Monday. The stock’s market capitalization is GBX 1.34 billion. J D Wetherspoon plc has a 52 week low of GBX 810.00 and a 52 week high of GBX 1,243.00. The company’s 50-day moving average price is GBX 1,059.01 and its 200 day moving average price is GBX 1,009.35.

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The company also recently disclosed a dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, October 26th will be issued a dividend of GBX 8 ($0.11) per share. This is a positive change from J D Wetherspoon plc’s previous dividend of $4.00. The ex-dividend date is Thursday, October 26th. 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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