Wetherspoon (J.D.) (JDW)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

799.50p
   
  • Change Today:
    -5.50p
  • 52 Week High: 847.50
  • 52 Week Low: 613.00
  • Currency: UK Pounds
  • Shares Issued: 123.62m
  • Volume: 439,270
  • Market Cap: £988.36m
  • RiskGrade: 267

Deutsche Bank hikes target price on JD Wetherspoon

By Iain Gilbert

Date: Wednesday 29 Mar 2023

LONDON (ShareCast) - (Sharecast News) - Analysts at Deutsche Bank hiked their target price on pub chain JD Wetherspoon from 640.0p to 750.0p on Wednesday, stating demand had been "reset".
Deutsche Bank highlighted that Wetherspoon shares were up roughly 52% year-to-date, versus the UK midcap index which was down approximately 2%.

"Markets cheered the H123 results (out Friday last week), with the shares up circa 16% from Thursday's close," said Deutsche Bank.

The German bank said the reason for this was the strength in like-for-like sales growth in the first half, as well as continued momentum into the second.

"Given the run-up in share prices, is the potential for further outperformance negligible?," mulled DB, which also reiterated its 'buy' rating on the stock.











Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

JDW Market Data

Currency UK Pounds
Share Price 799.50p
Change Today -5.50p
% Change -0.68 %
52 Week High 847.50
52 Week Low 613.00
Volume 439,270
Shares Issued 123.62m
Market Cap £988.36m
RiskGrade 267

JDW Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.35% below the market average52.35% below the market average52.35% below the market average52.35% below the market average52.35% below the market average
60.78% below the sector average60.78% below the sector average60.78% below the sector average60.78% below the sector average60.78% below the sector average
Price Trend
54.37% above the market average54.37% above the market average54.37% above the market average54.37% above the market average54.37% above the market average
53.57% above the sector average53.57% above the sector average53.57% above the sector average53.57% above the sector average53.57% above the sector average
Income Not Available
Growth
73.86% above the market average73.86% above the market average73.86% above the market average73.86% above the market average73.86% above the market average
16.98% above the sector average16.98% above the sector average16.98% above the sector average16.98% above the sector average16.98% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 7
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

JDW Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 24-Oct-19
Paid n/a 28-Nov-19
Amount 0.000p 8.00p

Trades for 21-May-2024

Time Volume / Share Price
16:37 2,095 @ 802.94p
16:37 4,844 @ 802.94p
16:37 28,849 @ 802.94p
16:35 29,285 @ 799.50p
16:35 14 @ 799.50p

JDW Key Personnel

CEO John Hutson
Chair Timothy (Tim) Martin
Finance Director Ben Whitley

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