J D Wetherspoon plc (LON:JDW)‘s stock had its “hold” rating reaffirmed by equities research analysts at Canaccord Genuity in a research report issued to clients and investors on Wednesday. They currently have a GBX 720 ($9.00) price objective on the stock. Canaccord Genuity’s price target would indicate a potential downside of 12.62% from the company’s previous close.
JDW has been the topic of a number of other research reports. Beaufort Securities reissued a “hold” rating on shares of J D Wetherspoon plc in a report on Monday, September 12th. Panmure Gordon reissued a “hold” rating and issued a GBX 800 ($10.00) price target on shares of J D Wetherspoon plc in a report on Thursday, September 15th. Citigroup Inc. raised shares of J D Wetherspoon plc from a “neutral” rating to a “buy” rating in a report on Thursday, July 7th. Barclays PLC increased their price target on shares of J D Wetherspoon plc from GBX 790 ($9.87) to GBX 1,000 ($12.49) and gave the stock a ” overweight” rating in a report on Tuesday, September 13th. Finally, Investec raised shares of J D Wetherspoon plc to a “buy” rating and increased their target price for the company from GBX 760 ($9.50) to GBX 1,044 ($13.04) in a report on Friday, September 9th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. J D Wetherspoon plc presently has a consensus rating of “Hold” and an average price target of GBX 749.33 ($9.36).
J D Wetherspoon plc (LON:JDW) traded down 0.6031% during midday trading on Wednesday, reaching GBX 824.7109. 137,762 shares of the company’s stock traded hands. J D Wetherspoon plc has a 52-week low of GBX 589.50 and a 52-week high of GBX 993.50. The company’s 50-day moving average price is GBX 871.77 and its 200-day moving average price is GBX 826.02. The stock’s market cap is GBX 916.81 million.
The business also recently announced a dividend, which was paid on Thursday, November 24th. Stockholders of record on Thursday, October 20th were given a GBX 8 ($0.10) dividend. This represents a dividend yield of 0.85%. This is a boost from J D Wetherspoon plc’s previous dividend of $4.00. The ex-dividend date of this dividend was Thursday, October 20th.
In related news, insider Hutson,John bought 1,688 shares of the company’s stock in a transaction dated Monday, September 19th. The stock was purchased at an average cost of GBX 917 ($11.46) per share, with a total value of £15,478.96 ($19,339.03). Also, insider Miles Slade bought 376 shares of the company’s stock in a transaction dated Tuesday, October 4th. The stock was bought at an average cost of GBX 944 ($11.79) per share, with a total value of £3,549.44 ($4,434.58).