John Laing Group (LON:JLG) Earns Add Rating from Peel Hunt

Peel Hunt reiterated their add rating on shares of John Laing Group (LON:JLG) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued reports about the company. Peel Hunt reaffirmed a buy rating and issued a GBX 440 ($5.79) target price on shares of John Laing Group in a report on Thursday, January 23rd. HSBC raised John Laing Group to a buy rating in a research report on Tuesday, March 3rd. Finally, Barclays lifted their price target on John Laing Group from GBX 430 ($5.66) to GBX 440 ($5.79) and gave the stock an equal weight rating in a report on Friday, December 13th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of GBX 414.80 ($5.46).

Shares of John Laing Group stock opened at GBX 331.20 ($4.36) on Monday. John Laing Group has a 1 year low of GBX 278.20 ($3.66) and a 1 year high of GBX 403.40 ($5.31). The company’s fifty day simple moving average is GBX 337.66 and its 200-day simple moving average is GBX 362.18. The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 14.48. The company has a market cap of $1.63 billion and a price-to-earnings ratio of 16.40.

The firm also recently announced a dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 23rd will be paid a dividend of GBX 7.66 ($0.10) per share. This represents a dividend yield of 2.14%. This is a boost from John Laing Group’s previous dividend of $1.84. The ex-dividend date is Thursday, April 23rd. John Laing Group’s payout ratio is presently 0.30%.

In other John Laing Group news, insider Luciana Germinario bought 3,130 shares of the stock in a transaction dated Thursday, March 12th. The shares were bought at an average cost of GBX 318 ($4.18) per share, for a total transaction of £9,953.40 ($13,093.13). Also, insider Nicholas Toby Hiscock sold 5,516 shares of John Laing Group stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of GBX 363 ($4.78), for a total value of £20,023.08 ($26,339.23).

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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Analyst Recommendations for John Laing Group (LON:JLG)

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