Peel Hunt restated their buy rating on shares of John Laing Group (LON:JLG) in a research report released on Wednesday morning, ThisIsMoney.Co.Uk reports.
JLG has been the topic of several other reports. Peel Hunt decreased their price objective on shares of John Laing Group from GBX 451 ($5.89) to GBX 440 ($5.75) and set a buy rating on the stock in a research note on Thursday, August 22nd. Barclays started coverage on shares of John Laing Group in a research note on Monday, July 1st. They set an equal weight rating and a GBX 430 ($5.62) price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of GBX 424.80 ($5.55).
John Laing Group stock traded down GBX 4 ($0.05) during trading hours on Wednesday, hitting GBX 364.20 ($4.76). 264,715 shares of the stock were exchanged, compared to its average volume of 576,925. 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 market capitalization of $1.82 billion and a P/E ratio of 11.45. John Laing Group has a 12 month low of GBX 291.60 ($3.81) and a 12 month high of GBX 403.40 ($5.27). The business’s 50-day moving average is GBX 362.16 and its two-hundred day moving average is GBX 378.37.
In other news, insider Luciana Germinario sold 11,451 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of GBX 356 ($4.65), for a total transaction of £40,765.56 ($53,267.42).
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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