J D Wetherspoon (LON:JDW) Given New GBX 460 Price Target at Deutsche Bank Aktiengesellschaft

J D Wetherspoon (LON:JDW) had its price target trimmed by Deutsche Bank Aktiengesellschaft from GBX 490 to GBX 460 in a research note released on Monday,Digital Look reports. The brokerage currently has a sell rating on the stock.

Separately, Shore Capital Group restated a “hold” rating on shares of J D Wetherspoon in a research report on Friday. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of GBX 580.

J D Wetherspoon Stock Up 4.3%

J D Wetherspoon stock opened at GBX 577 on Monday. The firm has a market capitalization of £608.19 million, a price-to-earnings ratio of 10.16, a PEG ratio of 3.39 and a beta of 1.01. The company’s 50 day simple moving average is GBX 699.47 and its 200 day simple moving average is GBX 685.46. The company has a debt-to-equity ratio of 358.49, a current ratio of 0.30 and a quick ratio of 0.19. J D Wetherspoon has a fifty-two week low of GBX 530.50 and a fifty-two week high of GBX 814.50.

J D Wetherspoon (LON:JDW) last posted its earnings results on Friday, March 20th. The company reported GBX 15.50 earnings per share for the quarter. J D Wetherspoon had a net margin of 2.52% and a return on equity of 15.81%. As a group, sell-side analysts anticipate that J D Wetherspoon will post 52.8508772 EPS for the current year.

Insiders Place Their Bets

In other J D Wetherspoon news, insider Ben Whitley sold 6,931 shares of J D Wetherspoon stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of GBX 679, for a total value of £47,061.49. Insiders have purchased a total of 144 shares of company stock valued at $105,551 over the last 90 days. Insiders own 29.89% of the company’s stock.

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.