Royal Bank of Canada Forecasts Strong Price Appreciation for Just Group (LON:JUST) Stock

Just Group (LON:JUST) had its target price boosted by Royal Bank of Canada from GBX 190 ($2.46) to GBX 200 ($2.59) in a research report sent to investors on Friday morning, Marketbeat reports. The brokerage currently has an outperform rating on the stock.

Just Group Trading Down 9.6 %

Shares of LON JUST opened at GBX 147.60 ($1.91) on Friday. The stock has a market cap of £1.54 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. 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 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 50-day moving average of GBX 159.82 and a 200 day moving average of GBX 149.72.

Just Group (LON:JUST) last released 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 net margin of 3.40% and a return on equity of 8.47%. As a group, sell-side analysts expect that Just Group will post 38.3510638 EPS for the current fiscal year.

About Just Group

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.