J D Wetherspoon’s (JDW) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of J D Wetherspoon (LON:JDW) in a research note released on Wednesday morning,Digital Look reports. The firm currently has a GBX 840 price target on the stock.

Several other equities analysts have also weighed in on JDW. Peel Hunt reaffirmed a “hold” rating on shares of J D Wetherspoon in a research note on Friday, October 2nd. Shore Capital Group reaffirmed a “hold” rating and issued a GBX 813 price target on shares of J D Wetherspoon in a research note on Friday, October 2nd. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 704.33.

J D Wetherspoon Price Performance

J D Wetherspoon stock opened at GBX 1,016 on Wednesday. The stock has a market cap of £1.07 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 3.39 and a beta of 1.13. The business has a 50-day simple moving average of GBX 918.57 and a 200 day simple moving average of GBX 742.35. J D Wetherspoon has a 52 week low of GBX 530.50 and a 52 week high of GBX 1,086. The company has a quick ratio of 0.19, a current ratio of 0.23 and a debt-to-equity ratio of 353.03.

J D Wetherspoon (LON:JDW) last released its quarterly earnings results on Friday, October 2nd. The company reported GBX 51.60 earnings per share (EPS) for the quarter. J D Wetherspoon had a return on equity of 17.99% and a net margin of 2.70%. On average, research analysts forecast that J D Wetherspoon will post 52.85 earnings per share for the current fiscal year.

Insider Buying and Selling at J D Wetherspoon

In related news, insider Ben Thorne sold 1,165 shares of J D Wetherspoon stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of GBX 1,024, for a total transaction of £11,929.60. Insiders have acquired 98 shares of company stock worth $89,607 over the last 90 days. 32.52% of the stock is owned by insiders.

About J D Wetherspoon

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices.

The pubs are individually designed, and the company aims to maintain them in excellent condition.