Just Group (LON:JUST) Trading Down 14.7% – What’s Next?

Shares of Just Group plc (LON:JUST) fell 14.7% during trading on Friday . The stock traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.20 ($1.80). 21,008,035 shares were traded during trading, an increase of 254% from the average session volume of 5,942,002 shares. The stock had previously closed at GBX 163.20 ($2.11).

Analysts Set New Price Targets

Several brokerages recently commented on JUST. Royal Bank of Canada upped their price target on shares of 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. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 200 ($2.58) price target on shares of Just Group in a research report on Friday.

Just Group Stock Down 9.6 %

The company has a debt-to-equity ratio of 43.09, a current ratio of 2.30 and a quick ratio of 4.87. The firm’s 50-day moving average is GBX 159.82 and its 200 day moving average is GBX 149.68. The stock has a market cap of £1.54 billion, a price-to-earnings ratio of 17.17, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51.

Just Group (LON:JUST) last released its quarterly earnings data 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%. Sell-side analysts anticipate that Just Group plc will post 38.3510638 earnings per share 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.