Watkin Jones Ord 1p

WJG: 118.25 0.50 (▲0.42%)

Delayed:2016-11-25 18:15:01
Bid Price 118.25 High Price 120.00
Ask Price 118.75 Low Price 118.00
Open Price 120.00 Spread 0.42%
Prev Close 118.25 Volume 40,104.00

Watkin Jones Ord 1p Share Price Chart

Intraday

Historic – 1 year


Watkin Jones Ord 1p Share Price Information

Name Watkin Jones Ord 1p Epic WJG
Sector Household Goods & Home Construction ISIN GB00BD6RF223
Activites Watkin Jones plc provides an end-to-end solution in developing large scale, multi occupancy accommodation projects, with a primary focus on the student accommodation market. The Company is one of very few players that operate across the entire development lifecycle from site procurement, planning and construction to ultimate scheme management. Watkin Jones’s end to end solution is unusual and this combined with its considerable track record and existing relationships with investors could provide a degree of protection if competition in the sector increases due to the attractive market dynamics that exist. The Director’s believe that the focus, market knowledge and ability to work across the entire development cycle can potentially help provide it a competitive advantage and ability to enhance returns. Watkin Jones’s geographical coverage, its focus on and experience in the sector leaves it well placed to compete with other market participants who either do not specialise in student accommodation or operate an owner/asset manager model. Security Type Equity

Key numbers

Latest Share Price (p) 118.50 Net Gearing (%)
Market Cap (£m) 302.49 Gross Gearing (%)
Shares in issue (m) 255.27 Debt Ratio
P/E Ratio 0.00 Debt-to-Equity Ratio
Divs per share (p) Assets / Equity Ratio
Dividend Yield (%) 0.00 Price to book value
Dividend Cover 0.00 SROCE (%)
Earning per share (p) 0.00 EPS Growth (%)
52-week high / low (p) 130.25 / 96.00 DPS Growth (%)

Watkin Jones Ord 1p Broker Views

Date Broker Rec. Price Old target price New target price Notes
18 Nov Beaufort Securities Speculative Buy 118.25 125.00 148.00 Reiterates
17 Nov Peel Hunt Buy 118.25 130.00 140.00 Reiterates
20 Jul Peel Hunt Buy 118.25 130.00 130.00 Reiterates
30 Jun Beaufort Securities Speculative Buy 118.25 125.00 Reiterates
29 Jun Peel Hunt Buy 118.25 130.00 130.00 Reiterates

Watkin Jones Ord 1p Director Deals

Date Director Type Volume / Price Trade Value
27 Jun 2016 Grenville Turner Buy 90900 @ 106.40p £96,717.60

Watkin Jones Ord 1p Company News

Broker Forecast – Beaufort Securities issues a broker note on Watkin Jones Plc Ord 1p

Beaufort Securities today reaffirms its speculative buy investment rating on Watkin Jones Plc Ord 1p (LON:WJG) and raised its price target to 148p (from 125p).

Story provided by StockMarketWire.com

Broker Forecast – Peel Hunt issues a broker note on Watkin Jones Plc Ord 1p

Peel Hunt today reaffirms its buy investment rating on Watkin Jones Plc Ord 1p (LON:WJG) and raised its price target to 140p (from 130p).

Story provided by StockMarketWire.com

Watkin Jones says FY trading in line with its views

Watkin Jones directors expects to report a successful financial year with trading in line with its expectations.

CEO Mark Watkin Jones said:

“It has been a busy year for the Group and excellent progress has been made. Not only have we delivered 3,819 beds across ten sites in the UK, but we have also successfully made the transition to being a public company.

“Our performance in the year reinforces the attractiveness of our end-to-end business model to investors, whilst our development pipeline continues to provide excellent visibility of earnings and cashflow.”






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FLASH: Watkin Jones says FY trading in line with its views






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Watkin Jones notes forward sale of S. Mungo Avenue

Watkin Jones has forward-sold its development in St. Mungo Avenue, Glasgow, to a new institutional investor for an undisclosed fee.

The St. Mungo Avenue development is a 1.07 acre site which occupies a prominent position at the corner of St. Mungo Avenue and St. James Road to the east of Glasgow City centre and in close proximity to the University of Strathclyde, Glasgow Caledonian University and the City of Glasgow College.

The seven storey 349 bed scheme (176 cluster bedrooms and 173 studios) is due for delivery in August 2018, ahead of the 2018-19 academic year






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