J D Wetherspoon (LON:JDW) Earns Buy Rating from Citigroup

J D Wetherspoon (LON:JDW)‘s stock had its “buy” rating reaffirmed by equities research analysts at Citigroup in a report issued on Tuesday, Digital Look reports. They presently have a GBX 925 ($11.43) price target on the stock. Citigroup’s target price suggests a potential upside of 24.75% from the stock’s previous close.

Several other equities analysts also recently issued reports on JDW. Jefferies Financial Group upped their target price on J D Wetherspoon from GBX 900 ($11.12) to GBX 925 ($11.43) and gave the company a “buy” rating in a research report on Tuesday, February 20th. Shore Capital reaffirmed a “hold” rating on shares of J D Wetherspoon in a research report on Friday, March 22nd.

J D Wetherspoon Stock Up 0.6 %

Shares of JDW traded up GBX 4.50 ($0.06) during midday trading on Tuesday, hitting GBX 741.50 ($9.16). 140,154 shares of the company’s stock traded hands, compared to its average volume of 286,053. The company has a current ratio of 0.34, a quick ratio of 0.19 and a debt-to-equity ratio of 317.46. The firm’s fifty day moving average is GBX 764.75 and its 200-day moving average is GBX 751.57. J D Wetherspoon has a 1 year low of GBX 587 ($7.25) and a 1 year high of GBX 862.50 ($10.65). The stock has a market capitalization of £916.64 million, a price-to-earnings ratio of 2,317.19, a price-to-earnings-growth ratio of 3.39 and a beta of 1.30.

J D Wetherspoon Company Profile

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.