John Laing Group (LON:JLG)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Monday, August 19th, Digital Look reports. They currently have a GBX 440 ($5.75) price target on the stock, down from their prior price target of GBX 451 ($5.89). Peel Hunt’s target price points to a potential upside of 23.94% from the company’s previous close.
Separately, Barclays began coverage on John Laing Group in a research note on Monday, July 1st. They set an “equal weight” rating and a GBX 430 ($5.62) target price on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. John Laing Group has a consensus rating of “Buy” and an average price target of GBX 424.80 ($5.55).
Shares of LON JLG opened at GBX 355 ($4.64) on Monday. The firm has a market cap of $1.75 billion and a P/E ratio of 5.69. The company has a current ratio of 0.16, a quick ratio of 0.14 and a debt-to-equity ratio of 4.14. John Laing Group has a 1-year low of GBX 291.60 ($3.81) and a 1-year high of GBX 403.40 ($5.27). The business’s 50 day moving average is GBX 379.09 and its 200-day moving average is GBX 382.60.
John Laing Group plc, an investment holding company, originates, invests in, and manages greenfield infrastructure projects. It operates through Primary Investment, Secondary Investment, and Asset Management segments. The company originates, invests in, and manages social, transport, and environmental infrastructure projects under government backed public-private partnership programs in the Asia Pacific, North America, Contiental Europe, and the United Kingdom; and invests in and manages solar PV parks, onshore and offshore wind farm projects, and biomass plants in the United Kingdom, Irish, French, German, Swedish, and Australian markets.
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