JRP Group PLC (JRP) Stock Rating Reaffirmed by Shore Capital
JRP Group PLC (LON:JRP)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a report released on Wednesday.
JRP has been the subject of several other research reports. Barclays PLC reissued an “equal weight” rating and set a GBX 119 ($1.55) price objective on shares of JRP Group PLC in a research note on Friday, September 16th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 200 ($2.61) price objective on shares of JRP Group PLC in a research note on Friday, September 23rd. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 160 ($2.09) price objective on shares of JRP Group PLC in a research note on Thursday, June 16th. Numis Securities Ltd began coverage on JRP Group PLC in a research note on Wednesday, June 8th. They set a “buy” rating and a GBX 200 ($2.61) price objective for the company. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 207 ($2.70) price objective on shares of JRP Group PLC in a research note on Thursday, September 15th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 179.50 ($2.34).
Shares of JRP Group PLC (LON:JRP) traded down 2.66% during midday trading on Wednesday, hitting GBX 135.30. The company had a trading volume of 1,898,056 shares. The company’s market capitalization is GBX 1.02 billion. The firm’s 50 day moving average is GBX 111.70 and its 200 day moving average is GBX 123.72. JRP Group PLC has a 52 week low of GBX 84.26 and a 52 week high of GBX 172.50.
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The company also recently declared a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, September 22nd will be paid a dividend of GBX 1.10 ($0.01) per share. This represents a yield of 0.96%. The ex-dividend date 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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