Just Group (LON:JUST) Cut to "Hold" at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank downgraded Just Group to a "hold" rating, adjusting their price target to GBX 220 ($2.91), indicating a potential upside of 4.48% from its previous close.
• Berenberg Bank has initiated coverage of Just Group with a "buy" rating and a target price of GBX 209 ($2.76).
• Insider Mary Phibbs purchased 30,000 shares at an average price of GBX 144 ($1.90), representing a total investment of £43,200 ($57,067.37).

Just Group (LON:JUST - Get Free Report) was downgraded by Deutsche Bank Aktiengesellschaft to a "hold" rating in a research note issued on Thursday,Digital Look reports. They presently have a GBX 220 ($2.91) price objective on the stock, up from their prior price objective of GBX 170 ($2.25). Deutsche Bank Aktiengesellschaft's price target suggests a potential upside of 4.48% from the company's previous close.

Separately, Berenberg Bank started coverage on shares of Just Group in a report on Monday, July 7th. They set a "buy" rating and a GBX 209 ($2.76) target price on the stock.

Just Group Stock Performance

Shares of LON JUST opened at GBX 210.57 ($2.78) on Thursday. The company has a debt-to-equity ratio of 43.09, a quick ratio of 4.87 and a current ratio of 2.30. The stock has a 50 day moving average price of GBX 138.49 and a 200 day moving average price of GBX 145.40. The stock has a market capitalization of £2.20 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. Just Group has a 52 week low of GBX 107.80 ($1.42) and a 52 week high of GBX 214 ($2.83).

Insider Buying and Selling

In other news, insider Mary Phibbs bought 30,000 shares of the company's stock in a transaction dated Friday, May 23rd. The stock was bought at an average price of GBX 144 ($1.90) per share, with a total value of £43,200 ($57,067.37). 1.99% of the stock is currently owned by company insiders.

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.

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