J D Wetherspoon plc (LON:JDW) had its target price increased by Canaccord Genuity from GBX 1,200 ($15.78) to GBX 1,275 ($16.77) in a research report released on Wednesday morning. The brokerage currently has a hold rating on the stock.

Several other equities research analysts also recently issued reports on the company. Peel Hunt increased their price objective on J D Wetherspoon plc from GBX 875 ($11.51) to GBX 950 ($12.50) and gave the stock a reduce rating in a research note on Friday, September 15th. Numis Securities Ltd reissued a reduce rating and issued a GBX 820 ($10.79) price objective on shares of J D Wetherspoon plc in a research note on Monday, September 11th. Liberum Capital reaffirmed a hold rating and set a GBX 1,050 ($13.81) price target on shares of J D Wetherspoon plc in a research note on Friday, September 15th. Morgan Stanley raised their price target on J D Wetherspoon plc from GBX 830 ($10.92) to GBX 910 ($11.97) and gave the stock an underweight rating in a research note on Monday, September 18th. Finally, Investec reaffirmed a buy rating and set a GBX 1,150 ($15.13) price target on shares of J D Wetherspoon plc in a research note on Wednesday, July 12th. Seven investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 1,063.62 ($13.99).

Shares of J D Wetherspoon plc (LON:JDW) traded up GBX 4 ($0.05) during trading on Wednesday, reaching GBX 1,243 ($16.35). The company had a trading volume of 106,294 shares, compared to its average volume of 171,077. J D Wetherspoon plc has a 1 year low of GBX 810 ($10.65) and a 1 year high of GBX 1,296 ($17.05).

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The business also recently disclosed a dividend, which will be paid on Thursday, November 30th. Stockholders 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 of this dividend is Thursday, October 26th. This represents a dividend yield of 0.67%.

In other J D Wetherspoon plc news, insider John Hutson bought 12,126 shares of the stock in a transaction on Wednesday, September 27th. The shares were purchased at an average price of GBX 1,278 ($16.81) per share, with a total value of £154,970.28 ($203,827.80). Also, insider Nigel Connor sold 488 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of GBX 1,229 ($16.16), for a total value of £5,997.52 ($7,888.36). In the last three months, insiders have bought 12,160 shares of company stock worth $15,536,442.

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.

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

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