JPJ Group (JPJ) Earns Buy Rating from Canaccord Genuity
JPJ Group (LON:JPJ)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a report issued on Wednesday, Digital Look reports. They presently have a GBX 1,085 ($14.18) price objective on the stock. Canaccord Genuity’s price target indicates a potential upside of 55.22% from the company’s current price.
A number of other research analysts also recently issued reports on JPJ. Berenberg Bank reiterated a “buy” rating and set a GBX 1,040 ($13.59) price objective on shares of JPJ Group in a report on Wednesday. Numis Securities reiterated a “buy” rating and set a GBX 1,000 ($13.07) price objective on shares of JPJ Group in a report on Wednesday. Finally, Peel Hunt reiterated a “hold” rating on shares of JPJ Group in a report on Tuesday, March 19th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 1,020 ($13.33).
Shares of LON:JPJ traded up GBX 1 ($0.01) during mid-day trading on Wednesday, reaching GBX 699 ($9.13). 134,922 shares of the stock were exchanged, compared to its average volume of 137,677. The company has a debt-to-equity ratio of 169.75, a quick ratio of 2.02 and a current ratio of 2.37. The company has a market cap of $521.32 million and a PE ratio of 36.41. JPJ Group has a one year low of GBX 571 ($7.46) and a one year high of GBX 1,048 ($13.69).
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.
Further Reading: Initial Public Offering (IPO)
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