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J D Wetherspoon Directors Acquire Shares Under Partnership Plan

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J D Wetherspoon Directors Acquire Shares Under Partnership Plan

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J D Wetherspoon ( (GB:JDW) ) just unveiled an announcement.

J D Wetherspoon plc announced that its directors and persons discharging managerial responsibilities (PDMRs) have acquired ordinary shares as part of the company’s partnership shares plan. This transaction allows employees to purchase shares using deductions from their monthly salary at the prevailing market price. The acquisition of shares by key personnel, including the CEO and various directors, underscores the company’s commitment to aligning the interests of its management with those of its shareholders, potentially enhancing stakeholder confidence.

The most recent analyst rating on (GB:JDW) stock is a Hold with a £777.00 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 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 pubs and restaurants across the UK. The company is known for offering affordable food and drinks, and it focuses on providing a welcoming atmosphere for its customers.

Average Trading Volume: 220,173

Technical Sentiment Signal: Sell

Current Market Cap: £726.8M

See more insights into JDW stock on TipRanks’ Stock Analysis page.

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