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

JPJ Group (LON:JPJ)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report issued on Tuesday, LSE.Co.UK reports. They presently have a GBX 1,040 ($13.59) price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 58.30% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Canaccord Genuity started coverage on shares of JPJ Group in a research report on Tuesday. They set a “buy” rating and a GBX 1,310 ($17.12) price objective for the company. Peel Hunt reiterated a “buy” rating on shares of JPJ Group in a research report on Tuesday. Numis Securities reiterated a “buy” rating on shares of JPJ Group in a research report on Thursday, June 6th. Finally, Deutsche Bank reiterated a “buy” rating on shares of JPJ Group in a research report on Tuesday. Six investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of GBX 1,100 ($14.37).

Shares of JPJ remained flat at $GBX 657 ($8.58) during trading hours on Tuesday. 76,685 shares of the stock traded hands, compared to its average volume of 137,677. JPJ Group has a 52 week low of GBX 571 ($7.46) and a 52 week high of GBX 1,040 ($13.59). The company has a debt-to-equity ratio of 163.95, a current ratio of 2.97 and a quick ratio of 2.46. The company has a fifty day moving average price of GBX 695.36. The company has a market capitalization of $489.29 million and a P/E ratio of 16.93.

About JPJ Group

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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