Just Group (LON:JUST) Shares Down 14.2% – What’s Next?

Shares of Just Group plc (LON:JUST) fell 14.2% on Friday . The company traded as low as GBX 134.67 ($1.74) and last traded at GBX 139.97 ($1.80). 24,055,994 shares changed hands during mid-day trading, an increase of 300% from the average session volume of 6,006,852 shares. The stock had previously closed at GBX 163.20 ($2.10).

Analysts Set New Price Targets

A number of brokerages have recently weighed in on JUST. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 200 ($2.58) price target on shares of Just Group in a research report on Friday. Royal Bank of Canada raised their price target on Just Group from GBX 190 ($2.45) to GBX 200 ($2.58) and gave the company an “outperform” rating in a research report on Friday.

Just Group Trading Down 14.6 %

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 firm has a market cap of £1.46 billion, a price-to-earnings ratio of 16.22, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The business has a 50 day moving average of GBX 160.08 and a 200 day moving average of GBX 149.59.

Just Group (LON:JUST) last posted its quarterly earnings data on Friday, March 7th. The company reported GBX 36 ($0.46) EPS for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. On average, research analysts forecast that Just Group plc will post 38.3510638 earnings per share for the current fiscal year.

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.