Shares of JRP Group PLC (LON:JRP) have received an average recommendation of “Buy” from the seven brokerages that are currently covering the firm. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 183.33 ($2.31).
A number of research analysts have commented on JRP shares. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 177 ($2.23) price objective on shares of JRP Group PLC in a report on Monday, March 13th. Shore Capital reaffirmed a “buy” rating on shares of JRP Group PLC in a report on Friday, March 10th. Numis Securities Ltd upped their price objective on JRP Group PLC from GBX 200 ($2.52) to GBX 220 ($2.77) and gave the company a “buy” rating in a report on Monday, March 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 160 ($2.01) price objective on shares of JRP Group PLC in a report on Tuesday, March 21st. Finally, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 207 ($2.61) price objective on shares of JRP Group PLC in a report on Friday, March 10th.
Shares of JRP Group PLC (LON:JRP) traded up 1.40% during trading on Tuesday, reaching GBX 123.30. The company’s stock had a trading volume of 1,678,128 shares. The stock’s 50 day moving average price is GBX 136.28 and its 200 day moving average price is GBX 138.62. JRP Group PLC has a 52 week low of GBX 84.26 and a 52 week high of GBX 161.40. The company’s market cap is GBX 902.06 million.
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In other news, insider Simon Thomas sold 100,000 shares of the stock in a transaction dated Friday, March 10th. The stock was sold at an average price of GBX 153 ($1.93), for a total value of £153,000 ($192,573.95). Also, insider Rodney Cook sold 199,022 shares of the firm’s stock in a transaction that occurred on Tuesday, March 14th. The stock was sold at an average price of GBX 146 ($1.84), for a total value of £290,572.12 ($365,729.54).
About JRP Group PLC
JRP Group plc, formerly Just Retirement Group plc, is a financial services company. Its segments are insurance, other segments and corporate activities. The 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 drawdown contracts, and invests the premiums received from these contracts in corporate bonds, lifetime mortgage advances, and other financial investments.
