John Laing Infrastructure Fund Ld (LON:JLIF)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 118.20 ($1.55) and last traded at GBX 118.28 ($1.56), with a volume of 3690000 shares changing hands. The stock had previously closed at GBX 118.28 ($1.56).
Several equities analysts have commented on the stock. Peel Hunt decreased their target price on shares of John Laing Infrastructure Fund Ld from GBX 384 ($5.05) to GBX 377 ($4.96) and set a “buy” rating on the stock in a report on Thursday, August 24th. Barclays PLC reissued an “overweight” rating and issued a GBX 340 ($4.47) target price on shares of John Laing Infrastructure Fund Ld in a report on Monday, September 4th. J P Morgan Chase & Co reissued an “overweight” rating on shares of John Laing Infrastructure Fund Ld in a report on Tuesday, October 24th. Finally, HSBC Holdings plc assumed coverage on shares of John Laing Infrastructure Fund Ld in a report on Sunday, September 24th. They issued a “buy” rating and a GBX 340 ($4.47) target price on the stock. Six analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of GBX 349.25 ($4.59).
The business also recently declared a dividend, which was paid on Tuesday, October 31st. Investors of record on Thursday, September 21st were issued a dividend of GBX 3.48 ($0.05) per share. This represents a dividend yield of 2.53%. The ex-dividend date of this dividend was Thursday, September 21st.
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John Laing Infrastructure Fund Ld Company Profile
John Laing Infrastructure Fund Limited (JLIF) is an infrastructure fund. The Fund invests in public-private partnership (PPP) projects in the United Kingdom, North America and Continental Europe. The Fund invests in sectors, including health, education, justice and emergency services, transport, regeneration and social housing, government buildings and street lighting.
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