According to Bloomberg Ratings, research analysts at Barclays lowered their price target for Just Group (LON: JUST) in a note delivered to investors on Tuesday. The new price target is GBX 116 ($1.40), which is a decline from the previous price objective of GBX 120 ($1.45). The stock now carries an overweight rating after the company changed its recommendation. Compared to the price at which the stock is currently trading, the price objective that Barclays has provided indicates the potential for a value rise of 61.59%. In recent times, JUST has been provided with comments from a wide variety of new research specialists. In a research report that was made public on Monday, August 8th, JPMorgan Chase & Co. dropped their price target on Just Group shares from GBX 105 ($1.27) to GBX 80 ($0.97) and gave the company a “neutral” rating in a research report. The Royal Bank of Canada reissued an “outperform” rating on shares of Just Group and positioned them with a GBX 155 ($1.87) price objective in a research report published on Wednesday, August 10th.
The report was about the company’s financial performance. Two of the four equity research specialists have rated the stock as a buy, while the other two have rated it as a hold. In addition, two of the specialists have recommended buying the stock. The data provided by Bloomberg indicates that the stock is given a general rating of “Moderate Buy,” and the average price objective that analysts have set for the stock is GBX 116 ($1.40). Just Group’s share price was GBP 71.79 ($0.87) when trading began on Tuesday, and it remained at that level throughout the day. As a result of the firm’s price-to-earnings ratio, which is 21.10, and its market value, which is now at 745.66 million pounds, it is estimated to be worth 745 million pounds. During the previous twelve months, the price of Just Group has fluctuated between a low of GBX 62.60 ($0.76) and a high of GBX 98.85 ($1.19).
The value of the current ratio comes in at 5.54, the quick ratio comes in at 4.87, and the value of the debt-to-equity ratio comes in at 81.03, respectively. The moving average price of the stock over the previous 200 days is 79.97 GBX, while the moving average cost for the last 50 days is 71.39 GBX. Just Group plc, a supplier of financial services in the retirement income market in the United Kingdom, serves as a critical player in the market for retirement income products. It offers a lifetime income guarantee in addition to risk-reduction measures, care plans, lifelong mortgages, protection packages, and care plans. In addition, the company provides a wide range of commercial services, such as consulting and the development of software, in addition to professional services, such as outsourced marketing and regulated financial advice and assistance. These services may be found on the company’s website. The corporation is the one responsible for providing each of these services.