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Watkin Jones (LON:WJG) Given Buy Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Watkin Jones (LON:WJG) in a research note released on Friday, November 15th, Stock Target Advisor reports.

Separately, Jefferies Financial Group restated a buy rating and set a GBX 279 ($3.65) target price (up previously from GBX 253 ($3.31)) on shares of Watkin Jones in a report on Friday, September 27th.

Shares of LON:WJG traded down GBX 2 ($0.03) during midday trading on Friday, hitting GBX 218 ($2.85). The company’s stock had a trading volume of 1,303,156 shares, compared to its average volume of 648,788. The company has a market cap of $557.47 million and a P/E ratio of 12.75. The business’s 50 day simple moving average is GBX 229.47 and its 200 day simple moving average is GBX 218.10. Watkin Jones has a 12-month low of GBX 190 ($2.48) and a 12-month high of GBX 248 ($3.24). The company has a debt-to-equity ratio of 24.58, a quick ratio of 1.31 and a current ratio of 3.18.

Watkin Jones Company Profile

Watkin Jones plc engages in the development and the management of properties for residential occupation in the United Kingdom. It develops and constructs multi occupancy property assets focusing on student accommodations. The company operates through Student Accommodation, Build To Rent, Residential, and Accommodation Management segments.

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