TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
J D Wetherspoon ( (GB:JDW) ) has issued an announcement.
J D Wetherspoon plc has announced the repurchase of 104,000 of its ordinary shares through Investec Bank plc, at prices ranging from 699.23 to 700.00 pence per share. The company intends to cancel these shares, a move that could potentially impact its share value and market perception by reducing the number of shares available in the market, thereby possibly increasing the value of remaining shares.
The most recent analyst rating on (GB:JDW) stock is a Buy with a £8.25 price target. To see the full list of analyst forecasts on J D Wetherspoon stock, see the GB:JDW Stock Forecast page.
Spark’s Take on GB:JDW Stock
According to Spark, TipRanks’ AI Analyst, GB:JDW is a Neutral.
J D Wetherspoon’s stock score is primarily driven by its financial performance, which shows recovery and stabilization post-pandemic. The valuation is reasonable, offering a fair P/E ratio and a modest dividend yield. However, technical indicators suggest weak momentum, which slightly dampens the overall score.
To see Spark’s full report on GB:JDW stock, click here.
More about J D Wetherspoon
J D Wetherspoon plc operates in the hospitality industry, primarily focusing on running pubs and bars across the United Kingdom. The company is known for offering a wide range of food and drinks at competitive prices, catering to a broad market segment.
Average Trading Volume: 291,433
Technical Sentiment Signal: Buy
Current Market Cap: £741M
See more insights into JDW stock on TipRanks’ Stock Analysis page.