Watkin Jones PLC’s (LON:WJG) Buy Rating Reaffirmed at Peel Hunt

Watkin Jones PLC (LON:WJG)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a research report issued on Wednesday, August 30th. They currently have a GBX 225 ($2.91) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 6.13% from the company’s current price.

Several other analysts have also issued reports on WJG. Beaufort Securities reiterated a “speculative buy” rating and issued a GBX 195 ($2.52) target price on shares of Watkin Jones PLC in a research report on Friday, June 2nd. Jefferies Group LLC assumed coverage on shares of Watkin Jones PLC in a research report on Thursday, June 22nd. They set a “buy” rating and a GBX 250 ($3.23) price target on the stock.

Watkin Jones PLC (LON WJG) traded down 0.47% during trading on Wednesday, hitting GBX 212.00. The stock had a trading volume of 73,297 shares. The company’s market capitalization is GBX 541.17 million. Watkin Jones PLC has a 1-year low of GBX 112.00 and a 1-year high of GBX 217.75. The stock’s 50-day moving average price is GBX 203.10 and its 200-day moving average price is GBX 181.20.

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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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