Just Group (LON:JUST) Trading Down 0.2% - Should You Sell?

Key Points

• Just Group plc's stock price decreased by 0.2%, trading at GBX 212 ($2.87) after reaching a low of GBX 211.80, with a notable 37% decline in trading volume compared to its average.
• Analysts have mixed opinions on Just Group, with Jefferies maintaining a "buy" rating and Deutsche Bank upgrading their price target to GBX 220, while the consensus rating remains a "Moderate Buy" with an average target of GBX 199.80.
• For the latest quarter, Just Group reported an earnings per share (EPS) of GBX 13.80 and projected a future EPS of approximately 38.35 for the current fiscal year.

Just Group plc (LON:JUST - Get Free Report)'s share price traded down 0.2% during mid-day trading on Thursday . The company traded as low as GBX 211.80 ($2.85) and last traded at GBX 212 ($2.86). 5,860,072 shares traded hands during trading, a decline of 37% from the average session volume of 9,312,400 shares. The stock had previously closed at GBX 212.50 ($2.86).

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 170 price target on shares of Just Group in a research note on Thursday, August 7th. Berenberg Bank began coverage on shares of Just Group in a research note on Monday, July 7th. They set a "buy" rating and a GBX 209 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft cut shares of Just Group to a "hold" rating and boosted their price objective for the company from GBX 170 to GBX 220 in a research report on Thursday, July 31st. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Just Group presently has a consensus rating of "Moderate Buy" and an average price target of GBX 199.80.

Just Group Trading Up 0.2%

The firm has a market capitalization of £2.20 billion, a PE ratio of 3,419.35, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09. The company's 50-day simple moving average is GBX 189.86 and its 200 day simple moving average is GBX 157.66.

Just Group (LON:JUST - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported GBX 13.80 EPS for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. As a group, sell-side analysts expect that Just Group plc will post 38.3510638 EPS for the current 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.