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Morgans Remains a Hold on Johns Lyng Group Ltd (JLG)

Morgans Remains a Hold on Johns Lyng Group Ltd (JLG)

Morgans analyst James Filius maintained a Hold rating on Johns Lyng Group Ltd today and set a price target of A$4.00. The company's shares closed last Friday at A$3.90.
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Filius covers the Industrials sector, focusing on stocks such as Johns Lyng Group Ltd, Lindsay Australia Limited, and Silk Logistics Holdings Ltd.. According to TipRanks, Filius has an average return of -7.3% and a 38.60% success rate on recommended stocks.
Johns Lyng Group Ltd has an analyst consensus of Moderate Buy, with a price target consensus of A$2.95.
Based on Johns Lyng Group Ltd's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$573.13 million and a net profit of A$14.47 million. In comparison, last year the company earned a revenue of A$610.6 million and had a net profit of A$23.36 million
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