Just Group plc (LON:JUST) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Just Group plc (LON:JUST – Get Rating) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 123.33 ($1.50).

Several equities research analysts have recently issued reports on the company. Peel Hunt reiterated a “buy” rating and set a GBX 120 ($1.46) price target on shares of Just Group in a report on Tuesday, February 28th. JPMorgan Chase & Co. lifted their price target on Just Group from GBX 100 ($1.22) to GBX 115 ($1.40) and gave the company an “overweight” rating in a report on Wednesday, March 8th. Royal Bank of Canada reiterated an “overweight” rating on shares of Just Group in a report on Tuesday, March 7th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 90 ($1.10) target price on shares of Just Group in a report on Wednesday, March 8th. Finally, Jefferies Financial Group boosted their target price on Just Group from GBX 115 ($1.40) to GBX 120 ($1.46) and gave the stock a “buy” rating in a report on Wednesday, February 22nd.

Just Group Price Performance

LON:JUST opened at GBX 79.80 ($0.97) on Friday. The business’s 50-day moving average price is GBX 84.92 and its 200 day moving average price is GBX 75. The firm has a market cap of £829.92 million, a P/E ratio of -380.00, a PEG ratio of 0.47 and a beta of 1.64. Just Group has a 52-week low of GBX 53.20 ($0.65) and a 52-week high of GBX 98.80 ($1.20). The company has a quick ratio of 4.87, a current ratio of 6.01 and a debt-to-equity ratio of 105.06.

Just Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 17th. Investors of record on Thursday, April 13th will be given a dividend of GBX 1.23 ($0.01) per share. The ex-dividend date of this dividend is Thursday, April 13th. This represents a yield of 1.5%. This is a positive change from Just Group’s previous dividend of $0.50. Just Group’s payout ratio is currently -952.38%.

About Just Group

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Just Group plc provides various financial services in the retirement income market in the United Kingdom. It offers de-risking solutions, guaranteed income for life, secure lifetime income, care plans, lifetime mortgages, and protection products. The company 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.