Watkin Jones PLC (WJG) Reaches New 52-Week High at $230.00

Watkin Jones PLC (LON:WJG) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 230 ($3.02) and last traded at GBX 225.50 ($2.96), with a volume of 138,231 shares. The stock had previously closed at GBX 224.25 ($2.95).

Several research analysts recently commented on the stock. Jefferies Group LLC assumed coverage on shares of Watkin Jones PLC in a research note on Thursday, June 22nd. They issued a “buy” rating and a GBX 250 ($3.29) price target on the stock. Peel Hunt raised their price target on shares of Watkin Jones PLC from GBX 225 ($2.96) to GBX 230 ($3.02) and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Finally, Beaufort Securities raised their price target on shares of Watkin Jones PLC from GBX 195 ($2.56) to GBX 225 ($2.96) and gave the stock a “speculative buy” rating in a research note on Thursday, August 31st.

The company’s market cap is GBX 575.63 million. The company has a 50-day moving average of GBX 210.65 and a 200-day moving average of GBX 189.05.

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About Watkin Jones PLC

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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