Analysts at Barclays Capital Reiterate their Past ‘Overweight’ rating on Shares John Laing Group Plc (LON:JLG), Set a GBX 240.00 Target

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John Laing Group Plc (LON:JLG) Rating Reaffirmed

They currently have a GBX 240.00 target on John Laing Group Plc (LON:JLG). The target price by Barclays Capital would suggest a potential upside of 18.34% from the company’s previous stock close. This has been revealed in recent note on 14 December.

From a total of 3 analysts covering John Laing Group Plc (LON:JLG) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is GBX 250 while the lowest target price is GBX 240. The mean of all analyst targets is GBX 246.67 with a 21.63% above today’s (GBX 202.8) stock price. John Laing Group Plc was the topic of 5 analyst reports since August 28, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 7 with “Outperform” rating. HSBC initiated JLG stock in a recent report from October 14 with “Buy” rating.

The stock increased 0.15% or GBX 0.3 on December 11, striking GBX 202.8. Approximately 2.94M shares of stock traded hands or 289.54% up from the average. John Laing Group PLC (LON:JLG) has declined 11.34% since May 15, 2015 and is downtrending. It has underperformed by 6.93% the S&P500.

Analysts at Barclays Capital Reiterate their Past ‘Overweight’ rating on Shares John Laing Group Plc (LON:JLG), Set a GBX 240.00 Target

John Laing Group plc, formerly Henderson Infrastructure Holdco Limited, is an originator, active investor and manager of international infrastructure projects. The company has a market cap of 742.29 million GBP. The Firm operates through divisions, including Primary Investment, Secondary Investment and Asset Management. It has 14.38 P/E ratio. The Company’s Primary Investment activities involve sourcing and originating, bidding for and winning greenfield infrastructure projects, as part of a consortium for Public-Private Partnership (PPP) projects.

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