Published On: Tue, Sep 13th, 2016

Barclays PLC Increases J D Wetherspoon plc (JDW) Price Target to GBX 1,000

J D Wetherspoon plc (LON:JDW) had its target price increased by investment analysts at Barclays PLC from GBX 790 ($10.52) to GBX 1,000 ($13.32) in a report released on Tuesday. The firm currently has a ” overweight” rating on the stock. Barclays PLC’s price objective suggests a potential upside of 8.11% from the stock’s current price.
Other equities analysts have also issued research reports about the company. Beaufort Securities reaffirmed a “hold” rating on shares of J D Wetherspoon plc in a research note on Monday. Shore Capital reaffirmed a “hold” rating on shares of J D Wetherspoon plc in a research note on Wednesday, July 13th. Numis Securities Ltd reaffirmed a “reduce” rating and issued a GBX 685 ($9.12) price objective on shares of J D Wetherspoon plc in a research note on Friday. Panmure Gordon increased their price target on J D Wetherspoon plc from GBX 700 ($9.32) to GBX 800 ($10.66) and gave the company a “hold” rating in a research note on Friday. Finally, Canaccord Genuity increased their price target on J D Wetherspoon plc from GBX 625 ($8.32) to GBX 720 ($9.59) and gave the company a “hold” rating in a research note on Wednesday, July 13th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. J D Wetherspoon plc presently has a consensus rating of “Hold” and an average price target of GBX 745.33 ($9.93).
Shares of J D Wetherspoon plc (LON:JDW) opened at 916.00 on Tuesday. J D Wetherspoon plc has a 12 month low of GBX 589.50 and a 12 month high of GBX 979.50. The company’s market capitalization is GBX 1.05 billion. The stock has a 50 day moving average price of GBX 877.76 and a 200-day moving average price of GBX 755.91.

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The firm also recently declared a dividend, which will be paid on Thursday, November 24th. Stockholders of record on Thursday, October 20th will be issued a GBX 8 ($0.11) dividend. This represents a dividend yield of 0.85%. This is an increase from J D Wetherspoon plc’s previous dividend of $4.00. The ex-dividend date is Thursday, October 20th.
J D Wetherspoon plc Company Profile
J D Wetherspoon plc owns and operates pubs across the United Kingdom and Ireland. The Company operates hotels. The Company owned an estate of around 951 pubs. The Company also offers food and drink services. The Company’s hotels include Guildhall and Linen Exchange, Dunfermline, and Hippodrome, March.

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