JPMorgan Chase & Co. Reiterates “Overweight” Rating for Just Group (LON:JUST)

Just Group (LON:JUST)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Marketbeat reports. They presently have a GBX 200 ($2.58) price objective on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 35.50% from the company’s previous close.

Separately, Royal Bank of Canada raised their target price on Just Group from GBX 190 ($2.46) to GBX 200 ($2.58) and gave the company an “outperform” rating in a research report on Friday.

Just Group Trading Down 9.6 %

Shares of Just Group stock opened at GBX 147.60 ($1.91) on Friday. Just Group has a 1 year low of GBX 94.93 ($1.23) and a 1 year high of GBX 168.60 ($2.18). The firm has a market cap of £1.54 billion, a PE ratio of 17.17, a P/E/G ratio of 0.47 and a beta of 1.51. The stock has a fifty day moving average price of GBX 159.82 and a 200-day moving average price of GBX 149.68. The company has a debt-to-equity ratio of 43.09, a current ratio of 2.30 and a quick ratio of 4.87.

Just Group (LON:JUST) last announced its earnings results on Friday, March 7th. The company reported GBX 36 ($0.47) earnings per share (EPS) for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. Equities research analysts anticipate that Just Group will post 38.3510638 EPS for the current 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.