Just Group plc (LON:JUST - Get Free Report) shares were up 67.9% on Friday . The stock traded as high as GBX 214 ($2.84) and last traded at GBX 211.61 ($2.81). Approximately 95,064,234 shares traded hands during mid-day trading, an increase of 1,050% from the average daily volume of 8,267,902 shares. The stock had previously closed at GBX 126 ($1.67).
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on JUST. Berenberg Bank began coverage on shares of Just Group in a research report on Monday, July 7th. They set a "buy" rating and a GBX 209 ($2.77) price objective on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Just Group to a "hold" rating and raised their price objective for the company from GBX 170 ($2.26) to GBX 220 ($2.92) in a research report on Thursday.
Read Our Latest Report on JUST
Just Group Stock Down 0.2%
The stock has a market capitalization 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's 50-day moving average price is GBX 139.82 and its 200 day moving average price is GBX 145.88. 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 related news, insider Mary Phibbs bought 30,000 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average cost of GBX 144 ($1.91) per share, with a total value of £43,200 ($57,340.06). Insiders own 1.99% of the company's stock.
Just Group Company Profile
(
Get Free Report)
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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