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

Just Group (LON:JUST)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a report released on Friday, Marketbeat reports. They presently have a GBX 200 ($2.58) target price on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 35.50% from the stock’s previous close.

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

Just Group Price Performance

Shares of LON:JUST opened at GBX 147.60 ($1.91) on Friday. 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 has a twelve month low of GBX 94.93 ($1.23) and a twelve month high of GBX 168.60 ($2.18). The stock’s 50 day moving average is GBX 159.82 and its 200-day moving average is GBX 149.68. The firm has a market capitalization of £1.54 billion, a price-to-earnings ratio of 17.17, a PEG ratio of 0.47 and a beta of 1.51.

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