John Laing Group (LON:JLG)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
JLG has been the subject of several other reports. Barclays began coverage on John Laing Group in a research report on Monday, July 1st. They issued an “equal weight” rating and a GBX 430 ($5.62) price objective for the company. Peel Hunt reduced their price target on John Laing Group from GBX 451 ($5.89) to GBX 440 ($5.75) and set a “buy” rating for the company in a research report on Thursday, August 22nd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 424.80 ($5.55).
Shares of JLG opened at GBX 369 ($4.82) on Wednesday. The company has a debt-to-equity ratio of 4.88, a quick ratio of 0.17 and a current ratio of 0.17. The stock has a 50 day simple moving average of GBX 361.86 and a 200 day simple moving average of GBX 378.42. John Laing Group has a 52-week low of GBX 291.60 ($3.81) and a 52-week high of GBX 403.40 ($5.27). The firm has a market capitalization of $1.82 billion and a PE ratio of 11.60.
About John Laing Group
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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