Latest news with #JohnsLyngGroupLtd
Business Insider
4 days ago
- Business
- Business Insider
Morgan Stanley downgrades Johns Lyng Group Ltd (JLG) to a Hold
Morgan Stanley analyst Chenny Wang downgraded Johns Lyng Group Ltd to a Hold today and set a price target of A$4.00. The company's shares opened today at A$3.89. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Wang is ranked #2861 out of 9822 analysts. Johns Lyng Group Ltd has an analyst consensus of Hold, with a price target consensus of A$4.00, implying a 2.83% upside from current levels. In a report released yesterday, Jefferies also downgraded the stock to a Hold with a A$4.00 price target. 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
Business Insider
14-07-2025
- Business
- Business Insider
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. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. 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
Business Insider
24-06-2025
- Business
- Business Insider
Johns Lyng Group Ltd (JLG) was upgraded to a Buy Rating at Morgans
Morgans analyst James Filius upgraded Johns Lyng Group Ltd (JLG – Research Report) to a Buy today and set a price target of A$2.70. The company's shares closed yesterday at A$2.83. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Filius is an analyst with an average return of -9.7% and a 34.55% success rate. Filius covers the Industrials sector, focusing on stocks such as Johns Lyng Group Ltd, Lindsay Australia Limited, and Silk Logistics Holdings Ltd.. Currently, the analyst consensus on Johns Lyng Group Ltd is a Moderate Buy with an average price target of A$2.95. JLG market cap is currently A$801.2M and has a P/E ratio of 20.17. Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JLG in relation to earlier this year.
Business Insider
12-06-2025
- Business
- Business Insider
Morgans downgrades Johns Lyng Group Ltd (JLG) to a Hold
Morgans analyst James Filius downgraded Johns Lyng Group Ltd (JLG – Research Report) to a Hold today and set a price target of A$2.70. The company's shares closed today at A$2.99. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Filius covers the Industrials sector, focusing on stocks such as Lindsay Australia Limited, Johns Lyng Group Ltd, and Silk Logistics Holdings Ltd.. According to TipRanks, Filius has an average return of -10.3% and a 38.18% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Johns Lyng Group Ltd with a A$3.20 average price target. JLG market cap is currently A$719.1M and has a P/E ratio of 18.10. Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JLG in relation to earlier this year.
