J D Wetherspoon plc (LON:JDW)‘s stock had its “buy” rating reiterated by research analysts at Investec in a note issued to investors on Wednesday. They currently have a GBX 1,044 ($13.04) target price on the stock. Investec’s price target indicates a potential upside of 26.70% from the company’s previous close.
Other research analysts also recently issued reports about the company. Citigroup Inc. upgraded J D Wetherspoon plc from a “neutral” rating to a “buy” rating in a research note on Thursday, July 7th. HSBC lifted their target price on J D Wetherspoon plc from GBX 750 ($9.37) to GBX 910 ($11.37) and gave the stock a “buy” rating in a research note on Monday, August 1st. Barclays PLC reiterated an “overweight” rating and set a GBX 790 ($9.87) target price on shares of J D Wetherspoon plc in a research note on Monday, September 12th. Panmure Gordon reiterated a “hold” rating and set a GBX 800 ($10.00) target price on shares of J D Wetherspoon plc in a research note on Thursday, September 15th. Finally, Canaccord Genuity lifted their target price on J D Wetherspoon plc from GBX 625 ($7.81) to GBX 720 ($9.00) and gave the stock a “hold” rating in a research note on Tuesday, July 19th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. J D Wetherspoon plc presently has an average rating of “Hold” and a consensus price target of GBX 749.33 ($9.36).
Shares of J D Wetherspoon plc (LON:JDW) traded down 0.6031% on Wednesday, hitting GBX 824.7109. The company had a trading volume of 137,762 shares. The firm has a 50-day moving average price of GBX 871.77 and a 200 day moving average price of GBX 826.02. J D Wetherspoon plc has a 12-month low of GBX 589.50 and a 12-month high of GBX 993.50. The company’s market capitalization is GBX 916.81 million.
The firm also recently declared a dividend, which was paid on Thursday, November 24th. Stockholders of record on Thursday, October 20th were issued a dividend of GBX 8 ($0.10) per share. The ex-dividend date of this dividend was Thursday, October 20th. This represents a dividend yield of 0.85%. This is a boost from J D Wetherspoon plc’s previous dividend of $4.00.
In other J D Wetherspoon plc news, insider Hutson,John purchased 1,688 shares of the stock in a transaction dated Monday, September 19th. The stock was bought at an average price of GBX 917 ($11.46) per share, with a total value of £15,478.96 ($19,339.03). Also, insider Miles Slade purchased 376 shares of the stock in a transaction dated Tuesday, October 4th. The shares were acquired at an average cost of GBX 944 ($11.79) per share, with a total value of £3,549.44 ($4,434.58).