Trading Report: The Macquarie Reiterates “Neutral” Rating for John Laing Infrastructure Fund Ld (JLIF)

The Macquarie Reiterates “Neutral” Rating for John Laing Infrastructure Fund Ld (JLIF)

John Laing Infrastructure Fund Ld (LON:JLIF)‘s stock had its “neutral” rating reaffirmed by investment analysts at Macquarie in a research report issued to clients and investors on Wednesday. They presently have a GBX 125 ($1.55) price objective on the stock. Macquarie’s price objective indicates a potential downside of 3.03% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Beaufort Securities restated a “buy” rating on shares of John Laing Infrastructure Fund Ld in a research report on Friday, August 26th. HSBC boosted their target price on John Laing Infrastructure Fund Ld from GBX 275 ($3.40) to GBX 315 ($3.90) and gave the stock a “buy” rating in a research report on Friday, August 26th. Berenberg Bank assumed coverage on John Laing Infrastructure Fund Ld in a research report on Thursday, June 23rd. They issued a “buy” rating and a GBX 280 ($3.47) target price on the stock. Peel Hunt reiterated a “neutral” rating on shares of John Laing Infrastructure Fund Ld in a research report on Friday, September 16th. Finally, Barclays PLC reiterated an “overweight” rating and issued a GBX 315 ($3.90) target price on shares of John Laing Infrastructure Fund Ld in a research report on Monday, October 3rd. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 261 ($3.23).

Shares of John Laing Infrastructure Fund Ld (LON:JLIF) opened at 128.90 on Wednesday. John Laing Infrastructure Fund Ld has a 12 month low of GBX 113.10 and a 12 month high of GBX 141.10. The stock has a 50 day moving average price of GBX 1.12 and a 200-day moving average price of GBX 1.10.

The business also recently disclosed a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, September 22nd will be given a dividend of GBX 3.41 ($0.04) per share. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a yield of 2.55%.

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