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J D Wetherspoon ( (GB:JDW) ) has issued an announcement.
J D Wetherspoon plc announced the cancellation of 200,000 ordinary shares previously purchased, adjusting its issued share capital to 114,015,991 ordinary shares with voting rights. This update affects shareholders’ calculations for notifying their interest under the Financial Conduct Authority’s rules, reflecting the company’s ongoing management of its share capital.
The most recent analyst rating on (GB:JDW) stock is a Hold with a £7.40 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 driven by strong technical indicators and positive corporate events such as share buybacks, reflecting confidence in financial health. Financial performance shows a recovery trend, though profitability and leverage remain concerns. Valuation is fair, but dividend yield is minimal, offering limited immediate returns.
To see Spark’s full report on GB:JDW stock, click here.
More about J D Wetherspoon
J D Wetherspoon plc is a company operating in the hospitality industry, primarily known for its chain of pubs across the United Kingdom. The company focuses on providing affordable food and drinks in a casual dining atmosphere.
Average Trading Volume: 546,650
Technical Sentiment Signal: Buy
Current Market Cap: £787.8M
For a thorough assessment of JDW stock, go to TipRanks’ Stock Analysis page.