Numis Securities Ltd restated their reduce rating on shares of J D Wetherspoon plc (LON:JDW) in a research report sent to investors on Monday morning. Numis Securities Ltd currently has a GBX 975 ($13.15) price objective on the stock.

A number of other research firms also recently commented on JDW. HSBC Holdings plc downgraded J D Wetherspoon plc to a hold rating and decreased their target price for the stock from GBX 1,200 ($16.18) to GBX 1,090 ($14.70) in a research report on Friday, September 1st. Peel Hunt boosted 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 research report on Friday, September 15th. Liberum Capital reissued a hold rating and issued a GBX 1,050 ($14.16) price target on shares of J D Wetherspoon plc in a report on Friday, September 15th. Canaccord Genuity reissued a hold rating and issued a GBX 1,040 ($14.02) price target on shares of J D Wetherspoon plc in a report on Friday, September 15th. Finally, Shore Capital reissued a sell rating on shares of J D Wetherspoon plc in a report on Friday, September 15th. Six analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. J D Wetherspoon plc currently has an average rating of Hold and a consensus target price of GBX 980.77 ($13.22).

Shares of J D Wetherspoon plc (LON JDW) opened at 1230.00 on Monday. J D Wetherspoon plc has a 52 week low of GBX 810.00 and a 52 week high of GBX 1,243.00. The firm’s market capitalization is GBX 1.34 billion. The firm has a 50 day moving average price of GBX 1,059.01 and a 200-day moving average price of GBX 1,009.35.

COPYRIGHT VIOLATION WARNING: This story was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/09/22/numis-securities-ltd-reiterates-reduce-rating-for-j-d-wetherspoon-plc-jdw.html.

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

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)

Receive News & Stock Ratings for J D Wetherspoon plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J D Wetherspoon plc and related stocks with our FREE daily email newsletter.