Watkin Jones (LON:WJG) Rating Reiterated by Peel Hunt

Peel Hunt restated their buy rating on shares of Watkin Jones (LON:WJGGet Rating) in a research report released on Tuesday, Marketbeat Ratings reports. They currently have a GBX 140 ($1.74) price target on the stock.

Separately, Berenberg Bank restated a buy rating and set a GBX 175 ($2.18) target price on shares of Watkin Jones in a research note on Monday, January 30th.

Watkin Jones Trading Down 20.3 %

Shares of LON:WJG opened at GBX 76.80 ($0.96) on Tuesday. Watkin Jones has a 12-month low of GBX 76.19 ($0.95) and a 12-month high of GBX 237.90 ($2.96). The business’s fifty day simple moving average is GBX 91.87 and its 200-day simple moving average is GBX 97.47. The company has a market capitalization of £196.94 million, a PE ratio of 1,536.00 and a beta of 1.01. The company has a current ratio of 2.98, a quick ratio of 1.55 and a debt-to-equity ratio of 43.73.

Watkin Jones Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 8th will be issued a GBX 1.40 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, June 8th. This represents a dividend yield of 1.45%. Watkin Jones’s dividend payout ratio (DPR) is presently 14,000.00%.

Watkin Jones Company Profile

(Get Rating)

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through Student Accommodation, Build to Rent, Affordable Homes, and Accommodation Management segments. It is involved in the development of purpose-built student accommodation, build to rent accommodation, and residential housing property; and management of student accommodation and build to rent property.

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