John Laing Group PLC (JLG) PT Raised to GBX 330 at Barclays PLC
John Laing Group PLC (LON:JLG) had its target price raised by equities research analysts at Barclays PLC from GBX 315 ($3.94) to GBX 330 ($4.12) in a report issued on Monday. The firm presently has an “overweight” rating on the stock. Barclays PLC’s price target would suggest a potential upside of 19.26% from the company’s previous close.
JLG has been the topic of several other reports. Royal Bank Of Canada increased their price target on shares of John Laing Group PLC from GBX 270 ($3.37) to GBX 325 ($4.06) and gave the stock an “outperform” rating in a research report on Tuesday, October 25th. Beaufort Securities reiterated a “buy” rating on shares of John Laing Group PLC in a research report on Friday, August 26th. Finally, HSBC increased their price target on shares of John Laing Group PLC from GBX 275 ($3.44) to GBX 315 ($3.94) and gave the stock a “buy” rating in a research report on Friday, August 26th. Five research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of GBX 312.50 ($3.90).
Shares of John Laing Group PLC (LON:JLG) opened at 276.70 on Monday. The company’s market capitalization is GBX 1.02 billion. The firm has a 50-day moving average of GBX 272.07 and a 200 day moving average of GBX 240.91. John Laing Group PLC has a 1-year low of GBX 193.00 and a 1-year high of GBX 282.59.
The company also recently disclosed a dividend, which was paid on Friday, October 28th. Stockholders of record on Thursday, September 29th were paid a GBX 1.85 ($0.02) dividend. The ex-dividend date was Thursday, September 29th. This represents a dividend yield of 0.73%.
In other news, insider Brousse,Olivier acquired 5,815 shares of John Laing Group PLC stock in a transaction dated Friday, August 26th. The stock was purchased at an average cost of GBX 256 ($3.20) per share, with a total value of £14,886.40 ($18,598.70).
About John Laing Group PLC
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.
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