John Laing Group PLC (JLG) Earns “Overweight” Rating from Barclays PLC
John Laing Group PLC (LON:JLG)‘s stock had its “overweight” rating restated by investment analysts at Barclays PLC in a research note issued to investors on Monday. They presently have a GBX 315 ($4.11) price objective on the stock. Barclays PLC’s target price indicates a potential upside of 15.60% from the company’s previous close.
A number of other brokerages have also commented on JLG. Beaufort Securities reiterated a “buy” rating on shares of John Laing Group PLC in a report on Friday, August 26th. HSBC upped their price target on John Laing Group PLC from GBX 275 ($3.59) to GBX 315 ($4.11) and gave the stock a “buy” rating in a report on Friday, August 26th. Finally, Berenberg Bank began coverage on John Laing Group PLC in a report on Thursday, June 23rd. They set a “buy” rating and a GBX 280 ($3.65) price target for the company. Five equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of GBX 295 ($3.85).
Shares of John Laing Group PLC (LON:JLG) opened at 272.4134 on Monday. John Laing Group PLC has a 52 week low of GBX 185.60 and a 52 week high of GBX 276.10. The firm has a 50-day moving average of GBX 256.72 and a 200 day moving average of GBX 229.98. The firm’s market capitalization is GBX 999.55 million.
The company also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, September 29th will be paid a GBX 1.85 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a dividend yield of 0.73%.
In other news, insider Brousse,Olivier bought 5,815 shares of the business’s stock in a transaction that occurred on Friday, August 26th. The stock was acquired at an average cost of GBX 256 ($3.34) per share, for a total transaction of £14,886.40 ($19,431.41).
John Laing Group PLC Company Profile
John Laing Group plc, formerly Henderson Infrastructure Holdco (UK) Limited, is an originator and active investor and manager of greenfield infrastructure projects. The Company operates through segments, including Primary Investment, Secondary Investment and Asset Management. Its Primary Investment segment includes costs and cost recoveries associated with originating, bidding for and winning greenfield infrastructure and renewable energy projects.
Receive News & Stock Ratings for John Laing Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Laing Group PLC and related stocks with our FREE daily email newsletter.