JRP Group PLC (JRP) Receives “Buy” Rating from Numis Securities Ltd
Numis Securities Ltd reissued their buy rating on shares of JRP Group PLC (LON:JRP) in a report issued on Thursday morning. Numis Securities Ltd currently has a GBX 200 ($2.61) price objective on the stock.
Other analysts have also issued reports about the stock. JPMorgan Chase & Co. restated a neutral rating and issued a GBX 160 ($2.09) price objective on shares of JRP Group PLC in a report on Thursday, June 16th. Shore Capital restated a buy rating on shares of JRP Group PLC in a report on Wednesday. Barclays PLC began coverage on shares of JRP Group PLC in a report on Monday, August 1st. They issued an equal weight rating and a GBX 119 ($1.55) price objective on the stock. Panmure Gordon restated a buy rating and issued a GBX 207 ($2.70) price objective on shares of JRP Group PLC in a report on Wednesday. Finally, Royal Bank Of Canada restated an outperform rating and issued a GBX 200 ($2.61) price objective on shares of JRP Group PLC in a report on Friday, September 23rd. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 186.40 ($2.43).
JRP Group PLC (LON:JRP) traded down 2.66% during mid-day trading on Thursday, hitting GBX 135.30. 1,878,881 shares of the stock were exchanged. JRP Group PLC has a 12-month low of GBX 84.26 and a 12-month high of GBX 172.50. The company has a 50 day moving average of GBX 110.50 and a 200 day moving average of GBX 123.64. The firm’s market cap is GBX 1.02 billion.
The company also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, September 22nd will be paid a dividend of GBX 1.10 ($0.01) per share. The ex-dividend date is Thursday, September 22nd. This represents a dividend yield of 0.96%.
About JRP Group PLC
JRP Group plc, formerly Just Retirement Group plc, is a United Kingdom-based financial services company. The Company provides retirement income products and services to individuals and corporate clients. Its segments include insurance, other and corporate activities. Its insurance segment writes insurance products for the retirement market, which include guaranteed income for life solutions and defined benefit de-risking solutions, care plans and capped drawdown contracts, and invests the premiums received from these contracts in corporate bonds and lifetime mortgage advances.
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