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WJG Watkin Jones Plc

40.70
-0.70 (-1.69%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Watkin Jones Plc LSE:WJG London Ordinary Share GB00BD6RF223 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.70 -1.69% 40.70 40.35 40.80 43.00 40.30 43.00 1,129,530 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Operative Builders 413.24M -32.55M -0.1269 -3.22 104.63M

Watkin Jones plc Progressive publishes new research

27/01/2023 10:51am

RNS Non-Regulatory


TIDMWJG

Watkin Jones plc

27 January 2023

 
Rising rents attract investors back to market 
 Residential-for-rent developer and manager Watkin Jones on 25 January delivered FY22 results 
 that were broadly in line with our expectations. Continuing strong demand for its core rental 
 developments, as highlighted in October, was hampered by delays in investment decisions following 
 the mini-budget. We believe recovery has begun, albeit on a slightly shallower trajectory, 
 and current market conditions may offer the group opportunities. Surveys show continuing rental 
 growth, attracting back investors but stretching affordability - we see WJG as 'part of the 
 solution'. 
 

Click here for full analysis

Subscribe to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement.

About Progressive:

Progressive helps you make informed investment decisions. FCA authorised and regulated, and with a 15-strong team of highly experienced analysts, we provide freely available institutional grade equity research and access to company management teams across every sector of the market.

www.progressive-research.com

 
         Broad coverage                     Analyst calibre 
       across 12 sectors 
 
 Business Services   Oil & Gas       15       with average      20 
                                   analysts                    years 
    Financials        Property                 experience 
                                                   of 
    Healthcare         Retail 
    Industrials      Technology      30+                     techMARK 
 Investment Trusts    Telecoms                  industry      Extel 
                                                  based 
      Mining         Utilities                   awards      StarMine 
 

For further information please contact:

Emily Ritchie

+44 (0) 20 7781 5311

eritchie@progressive-research.com

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END

NRABRMMTMTATBMJ

(END) Dow Jones Newswires

January 27, 2023 05:51 ET (10:51 GMT)

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