Watkin Jones (WJG) Given “Buy” Rating at Peel Hunt

Watkin Jones (LON:WJG)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a report released on Thursday.

Separately, Beaufort Securities reaffirmed a “speculative buy” rating and set a GBX 225 ($3.16) price objective on shares of Watkin Jones in a report on Thursday, January 4th.

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LON WJG opened at GBX 187.40 ($2.63) on Thursday. The stock has a market cap of $479.91 and a price-to-earnings ratio of 1,280.00. Watkin Jones has a 52 week low of GBX 140 ($1.97) and a 52 week high of GBX 251.25 ($3.53).

In other Watkin Jones news, insider Mark Watkin Jones sold 3,825,000 shares of the company’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of GBX 195 ($2.74), for a total transaction of £7,458,750 ($10,469,890.51).

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About Watkin Jones

Watkin Jones plc is a United Kingdom-based construction and development company. The principal activities of the Company and its subsidiaries are those of property development and the management of properties for multiple residential occupation. The Company’s segments include student accommodation development, residential development, student accommodation management and corporate.

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