John Laing Group’s (JLG) pre-close update did not contain any significant surprises. Investment commitments and realisations are on track to meet FY17 targets, and the outlook for both the primary and secondary investment markets remains strong. We maintain our expectation of continued strong growth in the NAV in FY17 (to 310p – revised from 308p previously) and see upside for the shares based on our estimates.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Further NAV growth expected
- Published:
04 Jul 2017 -
Author:
Graeme Moyse -
Pages:
3
John Laing Group’s (JLG) pre-close update did not contain any significant surprises. Investment commitments and realisations are on track to meet FY17 targets, and the outlook for both the primary and secondary investment markets remains strong. We maintain our expectation of continued strong growth in the NAV in FY17 (to 310p – revised from 308p previously) and see upside for the shares based on our estimates.