J D Wetherspoon (LON:JDW) Hits New 52-Week High – Here’s What Happened

J D Wetherspoon plc (LON:JDWGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 817 and last traded at GBX 817, with a volume of 472336 shares. The stock had previously closed at GBX 778.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on JDW. Shore Capital Group restated a “hold” rating on shares of J D Wetherspoon in a report on Wednesday, July 22nd. Jefferies Financial Group reiterated a “buy” rating and set a GBX 840 target price on shares of J D Wetherspoon in a research report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 460 price target on shares of J D Wetherspoon in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 666.67.

Read Our Latest Report on JDW

J D Wetherspoon Trading Down 1.3%

The company has a market capitalization of £850.08 million, a P/E ratio of 14.20, a PEG ratio of 3.39 and a beta of 1.11. The business has a 50 day moving average price of GBX 693.60 and a 200 day moving average price of GBX 667.87. The company has a current ratio of 0.30, a quick ratio of 0.19 and a debt-to-equity ratio of 358.49.

About J D Wetherspoon

(Get Free Report)

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.

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