J D Wetherspoon (LON:JDW) Rating Reiterated by Citigroup

Citigroup reaffirmed their buy rating on shares of J D Wetherspoon (LON:JDW) in a research report released on Tuesday morning, Digital Look reports. The firm currently has a GBX 925 ($11.43) price objective on the stock.

JDW has been the subject of several other research reports. Shore Capital restated a hold rating on shares of J D Wetherspoon in a research report on Friday, March 22nd. Jefferies Financial Group upped their price target on shares of J D Wetherspoon from GBX 900 ($11.12) to GBX 925 ($11.43) and gave the stock a buy rating in a research report on Tuesday, February 20th.

J D Wetherspoon Trading Up 1.5 %

Shares of J D Wetherspoon stock opened at GBX 733.50 ($9.06) on Tuesday. The firm has a 50-day simple moving average of GBX 760.10 and a two-hundred day simple moving average of GBX 752.54. The company has a market cap of £906.75 million, a P/E ratio of 2,292.19, a price-to-earnings-growth ratio of 3.39 and a beta of 1.30. J D Wetherspoon has a fifty-two week low of GBX 587 ($7.25) and a fifty-two week high of GBX 862.50 ($10.65). The company has a debt-to-equity ratio of 317.46, a quick ratio of 0.19 and a current ratio of 0.34.

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.