John Laing Group PLC (JLG) Given Average Rating of “Buy” by Brokerages
Shares of John Laing Group PLC (LON:JLG) have been given a consensus rating of “Buy” by the six analysts that are covering the company. Six analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 318.80 ($3.98).
Several analysts have issued reports on the stock. Peel Hunt assumed coverage on shares of John Laing Group PLC in a research note on Thursday. They set a “buy” rating and a GBX 344 ($4.30) target price on the stock. Barclays PLC restated an “overweight” rating and set a GBX 270 ($3.37) price target on shares of John Laing Group PLC in a report on Friday, August 26th. Beaufort Securities restated a “buy” rating on shares of John Laing Group PLC in a report on Friday, August 26th. HSBC boosted their price target on shares of John Laing Group PLC from GBX 275 ($3.44) to GBX 315 ($3.94) and gave the company a “buy” rating in a report on Friday, August 26th. Finally, Royal Bank Of Canada boosted their price target on shares of John Laing Group PLC from GBX 270 ($3.37) to GBX 325 ($4.06) and gave the company an “outperform” rating in a report on Tuesday, October 25th.
John Laing Group PLC (LON:JLG) traded up 0.29% on Thursday, reaching GBX 274.00. The company’s stock had a trading volume of 995,985 shares. The company’s market capitalization is GBX 1005.37 billion. The stock has a 50 day moving average price of GBX 272.24 and a 200-day moving average price of GBX 241.57. John Laing Group PLC has a 1-year low of GBX 195.40 and a 1-year high of GBX 282.59.
The business also recently declared a dividend, which was paid on Friday, October 28th. Stockholders of record on Thursday, September 29th were issued a dividend of GBX 1.85 ($0.02) per share. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend was Thursday, September 29th.
In related news, insider Brousse,Olivier purchased 5,815 shares of the stock in a transaction dated Friday, August 26th. The shares were acquired at an average cost of GBX 256 ($3.20) per share, for a total transaction of £14,886.40 ($18,598.70).
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.
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