Johns Lyng Group Ltd (JLG) Gets a Hold from Citi
In a report released today, William Park CPA from Citi maintained a Hold rating on Johns Lyng Group Ltd (JLG – Research Report), with a price target of A$3.95. The company’s shares closed today at A$3.52.
According to TipRanks, Park CPA is a 3-star analyst with an average return of 3.5% and a 51.52% success rate.
Currently, the analyst consensus on Johns Lyng Group Ltd is a Moderate Buy with an average price target of A$4.15, which is a 17.90% upside from current levels. In a report released on February 6, Bell Potter also maintained a Hold rating on the stock with a A$4.10 price target.
Based on Johns Lyng Group Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$548.28 million and a net profit of A$24.65 million. In comparison, last year the company earned a revenue of A$645.71 million and had a net profit of A$21.64 million