John Laing Group (LON:JLG) had its target price trimmed by Royal Bank of Canada from GBX 415 ($5.11) to GBX 375 ($4.61) in a report published on Tuesday, Stock Target Advisor reports. The brokerage currently has an outperform rating on the stock.
JLG has been the topic of several other reports. Peel Hunt cut their price target on shares of John Laing Group from GBX 400 ($4.92) to GBX 380 ($4.68) and set a buy rating on the stock in a report on Wednesday, July 1st. Barclays cut their price target on shares of John Laing Group from GBX 425 ($5.23) to GBX 395 ($4.86) and set an equal weight rating on the stock in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 391.80 ($4.82).
JLG opened at GBX 280.60 ($3.45) on Tuesday. The stock has a market capitalization of $1.42 billion and a PE ratio of 14.22. The firm’s fifty day moving average price is GBX 346.32 and its 200 day moving average price is GBX 350.82. The company has a debt-to-equity ratio of 14.48, a current ratio of 0.03 and a quick ratio of 0.02. John Laing Group has a 12-month low of GBX 251.40 ($3.09) and a 12-month high of GBX 402.40 ($4.95).
John Laing Group Company Profile
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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