Shares of J D Wetherspoon plc (LON:JDW) have received an average rating of “Hold” from the nine ratings firms that are covering the firm, reports. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,308.40 ($17.10).

Several equities analysts recently weighed in on JDW shares. Berenberg Bank raised J D Wetherspoon to a “buy” rating and boosted their price objective for the stock from GBX 1,150 ($15.03) to GBX 1,450 ($18.95) in a research report on Tuesday, September 11th. Citigroup cut J D Wetherspoon to a “sell” rating in a research report on Monday, September 3rd. Peel Hunt reissued an “add” rating on shares of J D Wetherspoon in a research report on Friday, September 14th. Numis Securities reissued a “reduce” rating on shares of J D Wetherspoon in a research report on Monday, September 17th. Finally, Canaccord Genuity boosted their price objective on J D Wetherspoon from GBX 1,300 ($16.99) to GBX 1,360 ($17.77) and gave the stock a “hold” rating in a research report on Monday, September 17th.

Shares of JDW traded down GBX 42 ($0.55) during trading hours on Thursday, hitting GBX 1,174 ($15.34). 189,797 shares of the company were exchanged, compared to its average volume of 143,568. J D Wetherspoon has a 52 week low of GBX 926.50 ($12.11) and a 52 week high of GBX 1,346.14 ($17.59).

The firm also recently disclosed a dividend, which will be paid on Thursday, November 29th. Investors of record on Thursday, October 25th will be given a dividend of GBX 8 ($0.10) per share. This represents a dividend yield of 0.63%. The ex-dividend date is Thursday, October 25th. This is a boost from J D Wetherspoon’s previous dividend of $4.00.

In other news, insider John Hutson purchased 8,384 shares of the business’s stock in a transaction on Monday, September 17th. The stock was purchased at an average price of GBX 1,263 ($16.50) per share, with a total value of £105,889.92 ($138,363.94). Also, insider Su Cacioppo sold 4,333 shares of the company’s stock in a transaction that occurred on Monday, October 1st. The shares were sold at an average price of GBX 1,297 ($16.95), for a total value of £56,199.01 ($73,433.96). Insiders have purchased a total of 8,408 shares of company stock valued at $10,619,700 in the last three months.

J D Wetherspoon Company Profile

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.

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Analyst Recommendations for J D Wetherspoon (LON:JDW)

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