Just Group (LON:JUST) Shares Down 14.2% – What’s Next?

Just Group plc (LON:JUST) was down 14.2% on Friday . The stock traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.97 ($1.80). Approximately 24,055,994 shares traded hands during trading, an increase of 300% from the average daily volume of 6,006,852 shares. The stock had previously closed at GBX 163.20 ($2.10).

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on JUST shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 200 ($2.58) price target on shares of Just Group in a report on Friday. Royal Bank of Canada increased their price target on Just Group from GBX 190 ($2.45) to GBX 200 ($2.58) and gave the stock an “outperform” rating in a report on Friday.

Just Group Price Performance

The company has a 50-day simple moving average of GBX 160.08 and a 200-day simple moving average of GBX 149.59. The stock has a market cap of £1.46 billion, a PE ratio of 16.22, a PEG 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 (LON:JUST) last released its quarterly earnings data on Friday, March 7th. The company reported GBX 36 ($0.46) earnings per share (EPS) for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. Sell-side analysts anticipate that Just Group plc 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.