Jefferies Financial Group Reaffirms Buy Rating for Just Group (LON:JUST)

Just Group (LON:JUST)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a research note issued on Thursday, Marketbeat Ratings reports. They presently have a GBX 170 ($2.29) price target on the stock. Jefferies Financial Group’s target price indicates a potential downside of 20.28% from the stock’s previous close.

Several other equities analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Just Group to a “hold” rating and raised their target price for the company from GBX 170 ($2.29) to GBX 220 ($2.96) in a research note on Thursday, July 31st. Berenberg Bank started coverage on shares of Just Group in a research note on Monday, July 7th. They set a “buy” rating and a GBX 209 ($2.81) target price on the stock. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 199.80 ($2.69).

Just Group Trading Up 1.1%

Shares of LON:JUST opened at GBX 213.25 ($2.87) on Thursday. The company has a market cap of £2.23 billion, a PE ratio of 24.81, a P/E/G ratio of 0.47 and a beta of 1.51. The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09. The company’s 50-day moving average price is GBX 146.14 and its 200 day moving average price is GBX 147.74. Just Group has a fifty-two week low of GBX 114.80 ($1.54) and a fifty-two week high of GBX 214.50 ($2.89).

Just Group (LON:JUST) last released its earnings results on Thursday, August 7th. The company reported GBX 13.80 ($0.19) EPS for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. Sell-side analysts anticipate that Just Group will post 38.3510638 earnings per share for the current year.

Insider Activity

In other Just Group news, insider Mary Phibbs acquired 30,000 shares of the stock in a transaction dated Friday, May 23rd. The shares were bought at an average price of GBX 144 ($1.94) per share, with a total value of £43,200 ($58,103.56). 1.99% of the stock is owned by corporate insiders.

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.