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

Peel Hunt reaffirmed their buy rating on shares of Watkin Jones (LON:WJG) in a research note published on Tuesday, Marketbeat reports. The firm currently has a GBX 38 price target on the stock.

Watkin Jones Stock Performance

Shares of WJG opened at GBX 32.80 on Tuesday. The company has a 50-day simple moving average of GBX 28.85 and a 200-day simple moving average of GBX 29.99. The company has a market capitalization of £84.18 million, a PE ratio of -22,162.16 and a beta of 1.38. Watkin Jones has a 52-week low of GBX 17.74 and a 52-week high of GBX 40.96. The company has a quick ratio of 1.55, a current ratio of 2.41 and a debt-to-equity ratio of 41.00.

Watkin Jones Company Profile

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through four segments: Student Accommodation, Build to Rent, Affordable Homes, and Accommodation Management. 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/private rental sector property.