Berenberg Bank Reaffirms Buy Rating for JPJ Group (LON:JPJ)

JPJ Group (LON:JPJ)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a research report issued to clients and investors on Friday, March 29th, Digital Look reports. They presently have a GBX 1,040 ($13.59) price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 53.17% from the company’s current price.

Several other analysts have also recently commented on JPJ. Peel Hunt restated a “hold” rating on shares of JPJ Group in a report on Tuesday, March 19th. Numis Securities reissued a “buy” rating and issued a GBX 1,000 ($13.07) price target on shares of JPJ Group in a research report on Tuesday, February 19th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 1,200 ($15.68) price target on shares of JPJ Group in a research report on Friday, January 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 1,020 ($13.33).

Shares of JPJ stock traded down GBX 1 ($0.01) during trading on Friday, hitting GBX 679 ($8.87). 38,902 shares of the company 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 stock has a market cap of $505.42 million and a P/E ratio of 35.36. JPJ Group has a twelve month low of GBX 571 ($7.46) and a twelve month 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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