Just Group (LON:JUST) Shares Down 1.7% - Should You Sell?

Key Points

• Just Group plc shares decreased by 1.7% to GBX 125.80 ($1.68), with trading volume down significantly by 75% compared to the average.
• Berenberg Bank initiated coverage with a "buy" rating and set a price target of GBX 209 ($2.79) for Just Group.
• Notably, company insider Mary Phibbs bought 30,000 shares at GBX 144 ($1.92), equating to a total investment of £43,200 ($57,692.31).

Just Group plc (LON:JUST - Get Free Report) traded down 1.7% during trading on Tuesday . The stock traded as low as GBX 125.80 ($1.67) and last traded at GBX 125.80 ($1.67). 1,947,958 shares were traded during mid-day trading, a decline of 75% from the average session volume of 7,712,120 shares. The stock had previously closed at GBX 128 ($1.70).

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Berenberg Bank assumed coverage on Just Group in a research note on Monday, July 7th. They issued a "buy" rating and a GBX 209 ($2.77) target price for the company. Deutsche Bank Aktiengesellschaft downgraded Just Group to a "hold" rating and raised their target price for the stock from GBX 170 ($2.26) to GBX 220 ($2.92) in a research note on Thursday.

Just Group Stock Down 0.2%

The stock has a 50-day moving average of GBX 139.82 and a two-hundred day moving average of GBX 145.88. The company has a market cap of £2.20 billion, a P/E ratio of 24.50, a P/E/G ratio of 0.47 and a beta of 1.51. The company has a debt-to-equity ratio of 43.09, a quick ratio of 4.87 and a current ratio of 2.30.

Insiders Place Their Bets

In other news, insider Mary Phibbs bought 30,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average price of GBX 144 ($1.91) per share, for a total transaction of £43,200 ($57,340.06). 1.99% of the stock is owned by 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.