Stock of the Week: JD Wetherspoon

Discount pub chain's shares have halved this year and a second lockdown would give it a monster hangover. But can price-conscious punters ride to the rescue?

James Gard 1 October, 2020 | 11:19AM
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Post-It Note

We’ve been thinking about pubs this week, and not just because the 10pm curfew has focused the minds of seasoned boozers in England. We’re looking at the listed pub sector from an investment perspective too – is it “last orders” for the battered sector or should shareholders expect “one more the road” as the hospitality sector re-opens?

Our stock of the week is high street pub chain JD Wetherspoon (JDW), as voted (by a very large margin) by our Twitter followers. Wetherspoons - or “Spoons” to the initiated - is by far the largest publicly-listed pub company with a market capitalisation of £1 billion, making it a member of the FTSE 250.

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James Gard  is content editor for