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J D Wetherspoon ( (GB:JDW) ) has shared an announcement.
J D Wetherspoon plc announced the cancellation of 616,326 ordinary shares previously purchased, adjusting its issued share capital to 113,043,115 shares. This update in share capital affects the total voting rights, which now stand at 113,043,115, allowing shareholders to calculate their interests in accordance with the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:JDW) stock is a Hold with a £740.00 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 is on a recovery path with improving financial performance and robust technical indicators. The company’s strategic buybacks and director share acquisitions reflect management’s confidence, boosting its potential for growth. However, high leverage and moderate profitability present some risk.
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 alcoholic beverages, food, and non-alcoholic drinks, catering to a diverse customer base.
Average Trading Volume: 386,302
Technical Sentiment Signal: Buy
Current Market Cap: £831.8M
See more insights into JDW stock on TipRanks’ Stock Analysis page.