Jefferies Financial Group Reaffirms “Buy” Rating for Watkin Jones (LON:WJG)
Watkin Jones (LON:WJG)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
Several other brokerages have also commented on WJG. Peel Hunt reaffirmed a “buy” rating and issued a GBX 250 ($3.08) price objective (down previously from GBX 280 ($3.45)) on shares of Watkin Jones in a report on Tuesday, May 19th. Berenberg Bank reaffirmed a “buy” rating on shares of Watkin Jones in a report on Thursday, June 11th.
WJG stock opened at GBX 151 ($1.86) on Monday. The company has a debt-to-equity ratio of 106.97, a current ratio of 3.27 and a quick ratio of 2.01. Watkin Jones has a 1-year low of GBX 118.17 ($1.45) and a 1-year high of GBX 299.50 ($3.69). The stock has a market capitalization of $386.14 million and a P/E ratio of 8.78. The business has a fifty day moving average price of GBX 161.04 and a 200-day moving average price of GBX 205.68.
Watkin Jones plc engages in the development and the management of properties for residential occupation in the United Kingdom. It develops and constructs multi occupancy property assets focusing on student accommodations. The company operates through Student Accommodation, Build To Rent, Residential, and Accommodation Management segments.
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