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An update from J D Wetherspoon ( (GB:JDW) ) is now available.
J D Wetherspoon reported a 3.7% increase in like-for-like sales for the first 14 weeks of the financial year, outperforming the industry average. The company opened four new pubs and plans to open a total of 15 this year, while also expanding its franchise operations. Despite positive sales momentum, the company remains cautious due to potential impacts from upcoming economic policies and rising labor costs, which are widening the price gap between pubs and supermarkets.
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 owns and operates pubs across the UK and Ireland, focusing on offering good-quality food and drink at reasonable prices, served by well-trained and friendly staff. Each pub is uniquely designed and maintained in excellent condition.
Average Trading Volume: 242,209
Technical Sentiment Signal: Strong Sell
Current Market Cap: £689M
For detailed information about JDW stock, go to TipRanks’ Stock Analysis page.