J D Wetherspoon plc (LON:JDW) declared a dividend on Friday, March 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 2nd will be given a dividend of GBX 4 ($0.05) per share on Thursday, May 30th. This represents a dividend yield of 0.3%. The ex-dividend date is Thursday, May 2nd. The official announcement can be seen at this link.
Shares of LON JDW traded up GBX 36 ($0.47) during trading on Friday, hitting GBX 1,328 ($17.35). The company had a trading volume of 340,003 shares, compared to its average volume of 143,568. The company has a quick ratio of 0.22, a current ratio of 0.35 and a debt-to-equity ratio of 289.07. J D Wetherspoon has a 12 month low of GBX 1,051 ($13.73) and a 12 month high of GBX 1,341 ($17.52). The company has a market capitalization of $1.34 billion and a P/E ratio of 21.01.
JDW has been the subject of several research analyst reports. HSBC increased their target price on J D Wetherspoon from GBX 1,310 ($17.12) to GBX 1,475 ($19.27) and gave the stock a “buy” rating in a research report on Friday, February 22nd. Berenberg Bank increased their target price on J D Wetherspoon to GBX 1,400 ($18.29) and gave the stock a “buy” rating in a research report on Tuesday, February 5th. Canaccord Genuity reiterated a “hold” rating and set a GBX 1,220 ($15.94) target price on shares of J D Wetherspoon in a research report on Friday. Liberum Capital reiterated a “hold” rating on shares of J D Wetherspoon in a research report on Friday. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 1,225 ($16.01) target price on shares of J D Wetherspoon in a research report on Friday. Five equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,258.89 ($16.45).
J D Wetherspoon Company Profile
J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. As of July 24, 2017, it operated 895 pubs. The company was founded in 1979 and is headquartered in Watford, the United Kingdom.
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