HSBC Reiterates “Buy” Rating for J D Wetherspoon (LON:JDW)

HSBC reiterated their buy rating on shares of J D Wetherspoon (LON:JDW) in a research report released on Monday, ThisIsMoney.Co.Uk reports.

JDW has been the subject of several other research reports. Liberum Capital dropped their price objective on shares of Superdry from GBX 600 ($7.84) to GBX 500 ($6.53) and set a buy rating for the company in a research note on Wednesday, July 10th. Shore Capital reaffirmed a house stock rating on shares of TLOU Energy in a research note on Wednesday, July 10th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Anglo American in a research note on Wednesday, May 15th. Royal Bank of Canada set a $184.00 price objective on shares of Jazz Pharmaceuticals and gave the company a buy rating in a research note on Monday, March 18th. Finally, Peel Hunt reaffirmed an under review rating on shares of Motif Bio in a research note on Monday. Five research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. J D Wetherspoon presently has an average rating of Hold and an average target price of GBX 1,303.13 ($17.03).

Shares of LON JDW opened at GBX 1,552 ($20.28) on Monday. J D Wetherspoon has a 12-month low of GBX 1,051 ($13.73) and a 12-month high of GBX 1,476 ($19.29). The stock has a market cap of $1.63 billion and a PE ratio of 25.87. The company has a debt-to-equity ratio of 255.30, a quick ratio of 0.18 and a current ratio of 0.26. The company’s 50-day simple moving average is GBX 1,415.80.

In other J D Wetherspoon news, insider Nigel Connor sold 881 shares of the business’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of GBX 1,372 ($17.93), for a total value of £12,087.32 ($15,794.22).

About J D Wetherspoon

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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