John Laing Group PLC Hit 52-Week High

 John Laing Group PLC Hit 52 Week High

The stock of John Laing Group PLC (LON:JLG) hit a new 52-week high and has GBX 371.82 target or 36.00% above today’s GBX 273.40 share price. The 7 months bullish chart indicates low risk for the GBX 1.01B company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 371.82 price target is reached, the company will be worth GBX 363.60M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock decreased 1.30% or GBX 3.6 on November 11, hitting GBX 273.4. About 332,414 shares traded hands. John Laing Group PLC (LON:JLG) has risen 20.02% since April 14, 2016 and is uptrending. It has outperformed by 13.87% the S&P500.

John Laing Group PLC (LON:JLG) Ratings Coverage

Out of 5 analysts covering John Laing Group Plc (LON:JLG), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. John Laing Group Plc has been the topic of 23 analyst reports since August 28, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, August 26 by HSBC. Beaufort Securities maintained the stock with “Buy” rating in Friday, August 28 report. The rating was maintained by Barclays Capital on Friday, October 21 with “Overweight”. The stock has “Buy” rating given by Beaufort Securities on Monday, December 14. The firm has “Overweight” rating by Barclays Capital given on Monday, December 14. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, September 30. The firm has “Buy” rating given on Wednesday, October 14 by HSBC. As per Friday, August 26, the company rating was maintained by Barclays Capital. The firm has “Overweight” rating by Barclays Capital given on Tuesday, March 22. The stock of John Laing Group PLC (LON:JLG) has “Overweight” rating given on Wednesday, June 22 by Barclays Capital.

More news for John Laing Group PLC (LON:JLG) were recently published by: Fool.Co.Uk, which released: “Are Tritax Big Box REIT plc, Beowulf Mining plc and John Laing Group plc post …” on June 30, 2016. Fool.Co.Uk‘s article titled: “Are Aviva plc And John Laing Group PLC Star Buys For 2016?” and published on December 11, 2015 is yet another important article.

John Laing Group plc, formerly Henderson Infrastructure Holdco Limited, is an originator and active investor and manager of greenfield infrastructure projects. The company has a market cap of 1.01 billion GBP. The Firm operates through divisions, including Primary Investment, Secondary Investment and Asset Management. It has a 5.84 P/E ratio. The Company’s Primary Investment segment includes costs and cost recoveries associated with originating, bidding for and winning greenfield infrastructure and renewable energy projects.

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