Watkin Jones PLC (WJG) Sets New 12-Month High on Analyst Upgrade
Watkin Jones PLC (LON:WJG)’s share price hit a new 52-week high on Friday after Beaufort Securities raised their price target on the stock from GBX 195 to GBX 225. Beaufort Securities currently has a speculative buy rating on the stock. Watkin Jones PLC traded as high as GBX 217.75 ($2.82) and last traded at GBX 217.25 ($2.81), with a volume of 86,322 shares trading hands. The stock had previously closed at GBX 215 ($2.78).
Other equities analysts have also issued research reports about the stock. Jefferies Group LLC assumed coverage on shares of Watkin Jones PLC in a research report on Thursday, June 22nd. They set a “buy” rating and a GBX 250 ($3.23) price objective on the stock. Peel Hunt raised their price objective on shares of Watkin Jones PLC from GBX 185 ($2.39) to GBX 225 ($2.91) and gave the company a “buy” rating in a research report on Thursday, June 1st.
The firm’s market cap is GBX 554.57 million. The firm’s 50-day moving average is GBX 198.83 and its 200 day moving average is GBX 176.50.
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Watkin Jones PLC Company Profile
Watkin Jones plc is a United Kingdom-based construction and development company. The principal activities of the Company and its subsidiaries are those of property development and the management of properties for multiple residential occupation. The Company’s segments include student accommodation development, residential development, student accommodation management and corporate.
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