JRP Group PLC (LON:JRP) Given Average Recommendation of “Buy” by Brokerages
JRP Group PLC (LON:JRP) has been assigned an average rating of “Buy” from the seven brokerages that are presently covering the company. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 183.40 ($2.39).
Several research analysts have commented on JRP shares. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 160 ($2.09) price target on shares of JRP Group PLC in a report on Thursday, June 16th. Shore Capital reiterated a “buy” rating on shares of JRP Group PLC in a report on Friday, June 24th. Panmure Gordon reiterated a “buy” rating and set a GBX 207 ($2.70) price target on shares of JRP Group PLC in a report on Tuesday, July 5th. Barclays PLC started coverage on shares of JRP Group PLC in a report on Monday, August 1st. They set an “equal weight” rating and a GBX 119 ($1.55) price target for the company. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 200 ($2.61) price target on shares of JRP Group PLC in a report on Wednesday, August 24th.
Shares of JRP Group PLC (LON:JRP) traded down 2.66% on Friday, hitting GBX 135.30. 1,898,056 shares of the company traded hands. The company’s market capitalization is GBX 1.02 billion. JRP Group PLC has a 12 month low of GBX 84.26 and a 12 month high of GBX 172.50. The stock’s 50-day moving average price is GBX 111.70 and its 200-day moving average price is GBX 123.72.
The business also recently announced a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, September 22nd will be issued a GBX 1.10 ($0.01) dividend. This represents a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, September 22nd.
JRP Group PLC Company Profile
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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