Berenberg Bank Reiterates Buy Rating for JPJ Group (JPJ)

JPJ Group (LON:JPJ)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 1,040 ($13.59) price objective on the stock. Berenberg Bank’s price target suggests a potential upside of 48.78% from the stock’s current price.

Several other analysts have also recently weighed in on the company. Numis Securities reissued a “buy” rating and set a GBX 1,000 ($13.07) price target on shares of JPJ Group in a report on Wednesday. Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,085 ($14.18) price target on shares of JPJ Group in a research note on Friday, March 29th. Finally, Peel Hunt reiterated a “hold” rating on shares of JPJ Group in a research note on Tuesday, March 19th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. JPJ Group currently has a consensus rating of “Buy” and a consensus target price of GBX 1,020 ($13.33).

LON:JPJ traded up GBX 1 ($0.01) during mid-day trading on Wednesday, hitting GBX 699 ($9.13). 134,922 shares of the stock were exchanged, compared to its average volume of 137,677. The stock has a market cap of $521.32 million and a P/E ratio of 36.41. The company has a current ratio of 2.37, a quick ratio of 2.02 and a debt-to-equity ratio of 169.75. JPJ Group has a fifty-two week low of GBX 571 ($7.46) and a fifty-two week high of GBX 1,048 ($13.69).

JPJ Group Company Profile

JPJ Group plc, through its subsidiaries, operates as an online gaming company in Japan, the United Kingdom, Sweden, Spain, rest of Europe, and internationally. The company operates through Jackpotjoy and Vera&John segments. It offers bingo, slots, casino, and other games through Jackpotjoy, Starspins, Botemania, Vera&John, Costa Bingo, InterCasino, Solid Gaming, and other brands.

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Analyst Recommendations for JPJ Group (LON:JPJ)

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