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Home / Stocks and Markets at Lows / John Laing (JLG.L) 10-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

John Laing (JLG.L) 10-02-20

Shares in John Laing (JLG.L) have fallen dramatically from recent highs of 400.8p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 348.8p (at time of writing). A return to previous highs would represent a rise of 14%.
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Shares -13% from 12-month highs; +0% from 12 month lows.

Latest News

23 Jan:  John Laing announced that Olivier Brousse had resigned from his position as CEO to take up a role at Veolia.

13 Dec:  Barclays Capital reiterates its equal weight rating on John Laing Group Plc (JLG) and increased the target price to 440p (from 430p).

13 Dec:  HSBC reiterates its hold rating on John Laing Group Plc (JLG) and reduced the target price to 369p (from 389p).

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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