Deutsche Bank Aktiengesellschaft Cuts J D Wetherspoon (LON:JDW) Price Target to GBX 460

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

Separately, Shore Capital Group reaffirmed a “hold” rating on shares of J D Wetherspoon in a research report on Friday, March 20th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of GBX 580.

J D Wetherspoon Price Performance

JDW stock opened at GBX 606 on Monday. The company has a market capitalization of £638.76 million, a P/E ratio of 10.67, a price-to-earnings-growth ratio of 3.39 and a beta of 1.01. The company has a debt-to-equity ratio of 358.49, a quick ratio of 0.19 and a current ratio of 0.30. J D Wetherspoon has a 52-week low of GBX 530.50 and a 52-week high of GBX 814.50. The business has a 50-day simple moving average of GBX 692.90 and a two-hundred day simple moving average of GBX 684.23.

J D Wetherspoon (LON:JDW) last issued its quarterly earnings data on Friday, March 20th. The company reported GBX 15.50 EPS for the quarter. J D Wetherspoon had a return on equity of 15.81% and a net margin of 2.52%. Research analysts expect that J D Wetherspoon will post 52.8508772 EPS for the current fiscal year.

Insider Buying and Selling at J D Wetherspoon

In related news, insider Ben Whitley sold 6,931 shares of the firm’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of GBX 679, for a total transaction of £47,061.49. Insiders have bought 144 shares of company stock worth $105,551 over the last 90 days. 29.89% of the stock is owned by company 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.