The Watkin Jones PLC (WJG) Given “Buy” Rating at Peel Hunt

The Watkin Jones PLC (WJG) Given “Buy” Rating at Peel Hunt

Peel Hunt reissued their buy rating on shares of Watkin Jones PLC (LON:WJG) in a research report sent to investors on Wednesday morning. Peel Hunt currently has a GBX 155 ($1.87) price objective on the stock.

Separately, Beaufort Securities increased their price target on shares of Watkin Jones PLC from GBX 125 ($1.51) to GBX 148 ($1.79) and gave the stock a speculative buy rating in a report on Friday, November 18th.

Watkin Jones PLC (LON:WJG) opened at 134.50 on Wednesday. The company’s market cap is GBX 343.01 million. Watkin Jones PLC has a 52 week low of GBX 95.25 and a 52 week high of GBX 134.75. The firm’s 50 day moving average is GBX 118.27 and its 200-day moving average is GBX 115.43.

The company also recently declared a dividend, which will be paid on Tuesday, February 28th. Investors of record on Thursday, January 26th will be issued a dividend of GBX 2.67 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 26th. This is an increase from Watkin Jones PLC’s previous dividend of $1.33. This represents a yield of 2.06%.

Watkin Jones PLC Company Profile

Watkin Jones plc is a United Kingdom-based construction and development company. The Company, through its subsidiaries, is engaged in property development and the management of properties for various residential occupation. The Company is engaged in developing and constructing various occupancy property assets with a focus on the student accommodation sector.

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