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J D Wetherspoon Director Increases Stake with Share Purchase

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J D Wetherspoon Director Increases Stake with Share Purchase

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J D Wetherspoon ( (GB:JDW) ) has provided an announcement.

J D Wetherspoon announced that Harry Morley, a non-executive director, has purchased 7,500 ordinary shares of the company on the London Stock Exchange at a price of £6.235 per share. This transaction, disclosed in accordance with market regulations, reflects a potential vote of confidence in the company’s future prospects by a member of its board.

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 is a prominent player in the hospitality industry, primarily operating a chain of pubs across the United Kingdom. The company is known for offering a wide range of food and beverages at competitive prices, catering to a diverse customer base.

Average Trading Volume: 245,840

Technical Sentiment Signal: Strong Sell

Current Market Cap: £664M

See more data about JDW stock on TipRanks’ Stock Analysis page.

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