J D Wetherspoon (LON:JDW) Earns Buy Rating from Jefferies Financial Group

Key Points

• Jefferies reaffirmed a Buy rating on J D Wetherspoon with a price target of GBX 840, implying roughly a 42.61% upside from current levels.
• Analyst coverage is mixed—1 Buy, 2 Hold, 1 Sell—resulting in an average rating of "Hold" and a consensus target of GBX 666.67, while the stock traded around GBX 589.
• The company shows modest valuation (P/E 10.37) but significant financial risks, including a debt-to-equity ratio of 358.49 and weak short-term liquidity (current ratio 0.30, quick ratio 0.19), with quarterly EPS of GBX 15.50.

J D Wetherspoon (LON:JDW - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Jefferies Financial Group in a research note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 840 price target on the stock. Jefferies Financial Group's target price would indicate a potential upside of 42.61% from the company's current price.

JDW has been the topic of several other reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of J D Wetherspoon from GBX 490 to GBX 460 and set a "sell" rating on the stock in a research report on Monday, March 23rd. Shore Capital Group reissued a "hold" rating on shares of J D Wetherspoon in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, J D Wetherspoon has an average rating of "Hold" and a consensus target price of GBX 666.67.

J D Wetherspoon Trading Up 1.0%

LON JDW traded up GBX 6 on Wednesday, hitting GBX 589. 579,497 shares of the stock were exchanged, compared to its average volume of 4,687,229. J D Wetherspoon has a 52-week low of GBX 530.50 and a 52-week high of GBX 814.50. The company has a debt-to-equity ratio of 358.49, a current ratio of 0.30 and a quick ratio of 0.19. The company has a market capitalization of £620.84 million, a price-to-earnings ratio of 10.37, a P/E/G ratio of 3.39 and a beta of 1.11. The company's 50-day moving average price is GBX 633.02 and its two-hundred day moving average price is GBX 672.30.

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

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.

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