Watkin Jones and Maslow Capital Launch £102m Bristol Student Accommodation Project

The latest announcement is out from Watkin Jones ( (GB:WJG) ).

Watkin Jones plc has announced a new £102 million PBSA development in Bristol through its joint venture with Maslow Capital. This project, which is expected to be completed by the 2028/29 academic year, will provide 484 beds and generate significant revenue over its three-year construction period. The development underscores Watkin Jones’ strategic focus on expanding its presence in high-demand student markets and strengthening its relationships with institutional investors.

The most recent analyst rating on (GB:WJG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.

Spark’s Take on GB:WJG Stock

According to Spark, TipRanks’ AI Analyst, GB:WJG is a Neutral.

The overall stock score is primarily influenced by the company’s mixed financial performance, characterized by declining revenue and margins but improved cash flow. Technical analysis indicates a bearish trend with weak momentum, while valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively suggest caution for potential investors.

To see Spark’s full report on GB:WJG stock, click here.

More about Watkin Jones

Watkin Jones plc is a leading UK developer and manager of residential properties for rent, specializing in purpose-built student accommodation (PBSA). The company focuses on creating high-quality living spaces that meet the evolving expectations of students, leveraging partnerships with institutional capital to deliver sustainable growth in key student markets.

Average Trading Volume: 614,997

Technical Sentiment Signal: Strong Sell

Current Market Cap: £68.01M

For an in-depth examination of WJG stock, go to TipRanks’ Overview page.