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 shared an update.
J D Wetherspoon plc announced the repurchase of 100,000 of its ordinary shares at a price of 683 pence each, with the intention to cancel these shares. This transaction, executed through Investec Bank plc, reflects the company’s strategy to manage its share capital, potentially impacting shareholder value and market perception.
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 drink options at competitive prices, catering to a broad market segment.
Average Trading Volume: 264,690
Technical Sentiment Signal: Buy
Current Market Cap: £730.1M
For an in-depth examination of JDW stock, go to TipRanks’ Overview page.