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

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

Analyst Upgrades and Downgrades

JUST has been the subject of several research analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 170 price objective on shares of Just Group in a research note on Thursday, August 7th. Berenberg Bank initiated coverage on shares of Just Group in a research note on Monday, July 7th. They issued a “buy” rating and a GBX 209 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Just Group to a “hold” rating and lifted their price objective for the company from GBX 170 to GBX 220 in a research note on Thursday, July 31st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 199.80.

Just Group Price Performance

The stock has a market capitalization 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. The business’s 50 day simple moving average is GBX 211.81 and its two-hundred day simple moving average is GBX 173.61. The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09.

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

About Just Group

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.