Numis Securities Reaffirms Buy Rating for Just Group (LON:JUST)

Numis Securities reiterated their buy rating on shares of Just Group (LON:JUST) in a report issued on Tuesday, April 30th, ThisIsMoney.Co.Uk reports.

Several other research analysts also recently issued reports on JUST. JPMorgan Chase & Co. upgraded shares of Just Group to a neutral rating and dropped their target price for the stock from GBX 86 ($1.12) to GBX 78 ($1.02) in a research note on Wednesday, April 3rd. Barclays boosted their price objective on shares of Just Group from GBX 148 ($1.93) to GBX 149 ($1.95) and gave the company an overweight rating in a report on Thursday, February 7th. Deutsche Bank reissued a hold rating and set a GBX 100 ($1.31) price objective on shares of Just Group in a report on Monday, January 7th. Finally, Shore Capital reissued a buy rating and set a GBX 165 ($2.16) price objective on shares of Just Group in a report on Wednesday, January 30th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of GBX 115.67 ($1.51).

LON:JUST traded up GBX 0.90 ($0.01) during mid-day trading on Tuesday, hitting GBX 60.85 ($0.80). 2,907,248 shares of the company’s stock were exchanged, compared to its average volume of 2,210,000. Just Group has a one year low of GBX 57.55 ($0.75) and a one year high of GBX 158.50 ($2.07). The company has a debt-to-equity ratio of 35.03, a current ratio of 14.49 and a quick ratio of 11.70. The firm has a market capitalization of $629.85 million and a P/E ratio of -8.95.

In related news, insider David Richardson sold 100,657 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of GBX 69 ($0.90), for a total transaction of £69,453.33 ($90,753.08).

Just Group Company Profile

Just Group Plc provides various financial services in the retirement income market in the United Kingdom. The company offers de-risking solutions, individually underwritten retirement income products, long term care plans, lifetime mortgages, and protection products. It also provides professional services, including regulated financial advice and guidance services; and a range of business services, such as consultancy and software development, and outsourced customer service delivery and marketing services.

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Analyst Recommendations for Just Group (LON:JUST)

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