Jardine Lloyd Thompson Group plc (LON:JLT) has been given a consensus recommendation of “Buy” by the nine brokerages that are presently covering the company. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,118.43 ($14.44).
A number of brokerages have weighed in on JLT. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 900 ($11.62) price target on shares of Jardine Lloyd Thompson Group plc in a research note on Friday, April 28th. Numis Securities Ltd lowered Jardine Lloyd Thompson Group plc to a “hold” rating and set a GBX 1,150 ($14.84) price target on the stock. in a research note on Thursday, April 27th. Shore Capital reissued a “buy” rating on shares of Jardine Lloyd Thompson Group plc in a research note on Thursday, April 27th. Stockdale Securities reissued a “neutral” rating on shares of Jardine Lloyd Thompson Group plc in a research note on Thursday, April 27th. Finally, Panmure Gordon reissued a “hold” rating and set a GBX 1,120 ($14.46) price target on shares of Jardine Lloyd Thompson Group plc in a research note on Monday, April 24th.
In related news, insider Mike Reynolds sold 4,163 shares of the stock in a transaction on Tuesday, March 28th. The stock was sold at an average price of GBX 1,144 ($14.77), for a total value of £47,624.72 ($61,475.05). Also, insider Annette Court bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 1st. The stock was purchased at an average cost of GBX 1,032 ($13.32) per share, for a total transaction of £10,320 ($13,321.29). Insiders purchased a total of 1,037 shares of company stock worth $1,073,597 over the last ninety days.
The company also recently announced a dividend, which was paid on Thursday, May 4th. Investors of record on Thursday, March 30th were given a GBX 20.60 ($0.27) dividend. This is a positive change from Jardine Lloyd Thompson Group plc’s previous dividend of $11.60. This represents a dividend yield of 2%. The ex-dividend date of this dividend was Thursday, March 30th.
Jardine Lloyd Thompson Group plc Company Profile
Jardine Lloyd Thompson Group plc (JLT) is a provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services. The Company operates through three segments: Risk & Insurance, Employee Benefits, and Head Office & Other operations. The Risk & Insurance segment consists of JLT’s global specialist, wholesale, reinsurance broking, personal lines, and small and medium-sized enterprises (SME) activities.
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