Just Group (LON:JUST) Trading 0.2% Higher – Here’s Why

Just Group plc (LON:JUST)’s stock price traded up 0.2% during trading on Monday . The stock traded as high as GBX 213 and last traded at GBX 213. 3,413,452 shares traded hands during trading, a decline of 61% from the average session volume of 8,668,041 shares. The stock had previously closed at GBX 212.50.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Berenberg Bank assumed coverage on shares of Just Group in a research report on Monday, July 7th. They set a “buy” rating and a GBX 209 target price on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Just Group to a “hold” rating and lifted their target price for the stock from GBX 170 to GBX 220 in a research report on Thursday, July 31st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 170 target price on shares of Just Group in a research report on Thursday, August 7th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Just Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 199.80.

Just Group Trading Up 0.2%

The company has a debt-to-equity ratio of 43.09, a quick ratio of 4.87 and a current ratio of 2.30. The firm’s fifty day simple moving average is GBX 211.81 and its 200-day simple moving average is GBX 173.61. The stock has a market cap of £2.21 billion, a P/E ratio of 34.35, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51.

Just Group (LON:JUST) last released its quarterly earnings results on Thursday, August 7th. The company reported GBX 13.80 earnings per share (EPS) for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. Equities research analysts expect that Just Group plc will post 38.3510638 EPS for the current fiscal year.

Just Group Company Profile

Just Group plc provides various retirement income products and services to individual and corporate clients.in the United Kingdom. It offers defined benefit de-risking solutions, guaranteed income for life, secure lifetime income, care plans, and lifetime mortgage service. The company also engages in professional services and distribution business, which offers technology, broking, and advice solutions for corporate clients and pension schemes; and regulated financial advice for pension, investment, and savings.