John Laing Group (JLG) Reaches New 1-Year High at $334.40

Shares of John Laing Group PLC (LON:JLG) hit a new 52-week high during trading on Friday . The company traded as high as GBX 334.40 ($4.37) and last traded at GBX 332.40 ($4.34), with a volume of 348296 shares traded. The stock had previously closed at GBX 324.80 ($4.24).

JLG has been the topic of several research reports. Peel Hunt boosted their target price on John Laing Group from GBX 355 ($4.64) to GBX 400 ($5.23) and gave the company a “buy” rating in a research note on Thursday, August 23rd. Royal Bank of Canada lowered John Laing Group to a “sector performer” rating and boosted their target price for the company from GBX 290 ($3.79) to GBX 330 ($4.31) in a research note on Friday, August 24th.

John Laing Group (LON:JLG) last announced its quarterly earnings results on Thursday, August 23rd. The company reported GBX 38.80 ($0.51) earnings per share for the quarter.

The firm also recently announced a dividend, which was paid on Friday, October 26th. Investors of record on Thursday, September 27th were given a dividend of GBX 1.80 ($0.02) per share. This represents a yield of 0.57%. The ex-dividend date of this dividend was Thursday, September 27th.

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John Laing Group Company Profile (LON:JLG)

John Laing Group plc, an investment holding company, originates, invests in, and manages greenfield infrastructure projects. It operates through Primary Investment, Secondary Investment, and Asset Management segments. The company originates, invests in, and manages social, transport, and environmental infrastructure projects under government backed public-private partnership programs in the Asia Pacific, North America, Contiental Europe, and the United Kingdom; and invests in and manages solar PV parks, onshore and offshore wind farm projects, and biomass plants in the United Kingdom, Irish, French, German, Swedish, and Australian markets.

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