Broker Recommendations

Shore Capital keeps Wetherspoon at 'hold' due to lofty valuation

By Benjamin Chiou

Date: Friday 04 Oct 2024

(Sharecast News) - Strong profit growth and the reinstatement of a dividend at JD Wetherspoons weren't enough to sway Shore Capital from changing its 'hold' rating on the stock on Friday.
Shore Capital hailed the pubs group's "robust" annual results, with pre-tax profit up 73% at £73.9m, "which was consistent with...

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