Panmure Gordon restated their buy rating on shares of JRP Group PLC (LON:JRP) in a research report sent to investors on Wednesday morning. The brokerage currently has a GBX 207 ($2.56) target price on the stock.
Several other equities research analysts have also issued reports on the company. Barclays PLC raised JRP Group PLC to an overweight rating and raised their target price for the company from GBX 119 ($1.47) to GBX 165 ($2.04) in a research report on Friday, September 30th. Shore Capital reissued a buy rating on shares of JRP Group PLC in a report on Friday, June 24th. Royal Bank Of Canada reissued an outperform rating and issued a GBX 200 ($2.48) price objective on shares of JRP Group PLC in a report on Friday, September 23rd. Numis Securities Ltd reissued a buy rating and issued a GBX 200 ($2.48) price objective on shares of JRP Group PLC in a report on Thursday, September 22nd. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of JRP Group PLC in a report on Wednesday, August 24th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 179.50 ($2.22).
JRP Group PLC (LON:JRP) opened at 134.40 on Wednesday. JRP Group PLC has a 12-month low of GBX 84.26 and a 12-month high of GBX 172.50. The stock has a 50 day moving average of GBX 113.64 and a 200-day moving average of GBX 123.21. The company’s market cap is GBX 1.01 billion.
The business also recently announced a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, September 22nd will be issued a dividend of GBX 1.10 ($0.01) per share. This represents a yield of 0.96%. The ex-dividend date of this dividend is Thursday, September 22nd.
JRP Group PLC Company Profile
JRP Group plc, formerly Just Retirement Group plc, is a United Kingdom-based financial services company. The Company provides retirement income products and services to individuals and corporate clients. Its segments include insurance, other and corporate activities. Its insurance segment writes insurance products for the retirement market, which include guaranteed income for life solutions and defined benefit de-risking solutions, care plans and capped drawdown contracts, and invests the premiums received from these contracts in corporate bonds and lifetime mortgage advances.
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