JPMorgan Chase & Co. Cuts Just Group (LON:JUST) Price Target to GBX 54
Just Group (LON:JUST) had its price objective decreased by JPMorgan Chase & Co. from GBX 78 ($1.02) to GBX 54 ($0.71) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.
Other research analysts have also issued research reports about the company. Royal Bank of Canada restated a top pick rating and set a GBX 190 ($2.48) price objective on shares of Just Group in a research report on Wednesday, August 14th. Barclays restated an overweight rating and set a GBX 68 ($0.89) price objective (down previously from GBX 113 ($1.48)) on shares of Just Group in a research report on Wednesday, September 4th. Deutsche Bank cut their price objective on Just Group from GBX 77 ($1.01) to GBX 54 ($0.71) and set a hold rating for the company in a research report on Thursday, September 12th. Numis Securities restated a buy rating and set a GBX 160 ($2.09) price objective on shares of Just Group in a research report on Thursday, June 13th. Finally, Shore Capital restated a buy rating on shares of Just Group in a research report on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Buy and a consensus price target of GBX 107.29 ($1.40).
LON:JUST opened at GBX 55.90 ($0.73) on Monday. The company has a quick ratio of 5.15, a current ratio of 6.23 and a debt-to-equity ratio of 28.52. The business’s 50-day simple moving average is GBX 44.47 and its two-hundred day simple moving average is GBX 60.21. The stock has a market cap of $578.61 million and a PE ratio of -43.00. Just Group has a 52 week low of GBX 35.29 ($0.46) and a 52 week high of GBX 110.30 ($1.44).
Just Group Plc provides various financial services in the retirement income market in the United Kingdom. The company offers de-risking solutions, individually underwritten retirement income products, long term care plans, lifetime mortgages, and protection products. It also provides professional services, including regulated financial advice and guidance services; and a range of business services, such as consultancy and software development, and outsourced customer service delivery and marketing services.
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