Just Group's (JUST) Buy Rating Reaffirmed at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reaffirmed a buy rating for Just Group, with a target price of GBX 170 ($2.27), indicating a potential downside of 19.05% from its previous close.
• Other analysts' ratings have varied, with Deutsche Bank upgrading the stock to a "hold" with a target price of GBX 220 ($2.94) and Berenberg Bank initiating coverage with a buy rating and a target price of GBX 209 ($2.79).
• Insider buying observed, as Mary Phibbs acquired 30,000 shares at an average price of GBX 144 ($1.92), indicating confidence from leadership amidst fluctuating market perceptions.

Just Group (LON:JUST - Get Free Report)'s stock had its "buy" rating reiterated by Jefferies Financial Group in a report issued on Thursday, Marketbeat reports. They presently have a GBX 170 ($2.27) target price on the stock. Jefferies Financial Group's target price indicates a potential downside of 19.05% from the company's previous close.

JUST has been the subject of several other reports. Deutsche Bank Aktiengesellschaft cut Just Group to a "hold" rating and lifted their price target for the company from GBX 170 ($2.27) to GBX 220 ($2.94) in a research report on Thursday, July 31st. Berenberg Bank started coverage on Just Group in a research report on Monday, July 7th. They set a "buy" rating and a GBX 209 ($2.79) target price for the company. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 199.80 ($2.67).

Just Group Stock Performance

Shares of Just Group stock opened at GBX 210 ($2.81) on Thursday. The business's fifty day simple moving average is GBX 142.39 and its 200 day simple moving average is GBX 146.57. The firm has a market capitalization of £2.19 billion, a P/E ratio of 24.43, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. Just Group has a 12 month low of GBX 108.40 ($1.45) and a 12 month high of GBX 214 ($2.86). The company has a current ratio of 2.30, a quick ratio of 4.87 and a debt-to-equity ratio of 43.09.

Insider Buying and Selling

In other Just Group news, insider Mary Phibbs bought 30,000 shares of Just Group stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average cost of GBX 144 ($1.92) per share, for a total transaction of £43,200 ($57,707.72). 1.99% of the stock is currently 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.

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