J D Wetherspoon plc (LON:JDW)‘s stock had its “sell” rating reaffirmed by stock analysts at Peel Hunt in a research report issued to clients and investors on Wednesday. They currently have a GBX 616 ($7.70) target price on the stock. Peel Hunt’s price target points to a potential downside of 25.24% from the company’s current price.
Other equities analysts also recently issued research reports about the company. Shore Capital reaffirmed a “hold” rating on shares of J D Wetherspoon plc in a research report on Wednesday, July 13th. Barclays PLC reissued an “overweight” rating and set a GBX 790 ($9.87) price target on shares of J D Wetherspoon plc in a research report on Monday, September 12th. Canaccord Genuity increased their price target 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 report on Wednesday, July 13th. Panmure Gordon raised J D Wetherspoon plc to a “hold” rating and increased their price target for the stock from GBX 610 ($7.62) to GBX 700 ($8.75) in a research report on Wednesday, July 13th. Finally, Investec reissued an “add” rating and set a GBX 760 ($9.50) price target on shares of J D Wetherspoon plc in a research report on Wednesday, July 13th. 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 stock. J D Wetherspoon plc has an average rating of “Hold” and an average price target of GBX 749.33 ($9.36).
Shares of J D Wetherspoon plc (LON:JDW) traded down 0.6031% during trading on Wednesday, reaching GBX 824.7109. The company’s stock had a trading volume of 137,762 shares. 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 market cap is GBX 916.81 million. The firm’s 50-day moving average is GBX 871.77 and its 200 day moving average is GBX 826.02.
The business also recently announced a dividend, which was paid on Thursday, November 24th. Investors of record on Thursday, October 20th were given a dividend of GBX 8 ($0.10) per share. This is a positive change from J D Wetherspoon plc’s previous dividend of $4.00. This represents a yield of 0.85%. The ex-dividend date was Thursday, October 20th.
In related news, insider Hutson,John bought 1,688 shares of the stock in a transaction that occurred on Monday, September 19th. The stock was acquired 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 stock in a transaction that occurred on Tuesday, October 4th. The shares were bought at an average cost of GBX 944 ($11.79) per share, with a total value of £3,549.44 ($4,434.58).