Watkin Jones PLC (WJG) Hits New 12-Month High at $230.00

Watkin Jones PLC (LON:WJG) hit a new 52-week high 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 traded. The stock had previously closed at GBX 224.25 ($2.95).

Several equities research analysts have recently weighed in on WJG shares. Beaufort Securities raised their target price on Watkin Jones PLC from GBX 195 ($2.56) to GBX 225 ($2.96) and gave the stock a “speculative buy” rating in a research report on Thursday, August 31st. Jefferies Group LLC started coverage on Watkin Jones PLC in a research note on Thursday, June 22nd. They set a “buy” rating and a GBX 250 ($3.29) price target on the stock. Finally, Peel Hunt restated a “buy” rating and set a GBX 225 ($2.96) price target on shares of Watkin Jones PLC in a research note on Wednesday, June 21st.

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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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