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Just Group PLC Announces Change in Major Holdings

Story Highlights
  • Just Group PLC reports a change in major holdings due to JPMorgan’s voting rights adjustment.
  • JPMorgan’s voting rights in Just Group have dropped below the minimum threshold, affecting shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Just Group PLC Announces Change in Major Holdings

Elevate Your Investing Strategy:

Just Group plc ( (GB:JUST) ) just unveiled an update.

Just Group PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by JPMorgan Asset Management Holdings Inc., a US-based entity. The notification reveals that JPMorgan’s voting rights in Just Group have fallen below the minimum threshold, indicating a decrease from a previous position of over 5%. This change could impact the company’s shareholder structure and influence its strategic decisions.

The most recent analyst rating on (GB:JUST) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Just Group plc stock, see the GB:JUST Stock Forecast page.

Spark’s Take on GB:JUST Stock

According to Spark, TipRanks’ AI Analyst, GB:JUST is a Neutral.

The overall score reflects mixed financial performance, with strong cash flow management offsetting revenue and profitability challenges. Technical indicators are neutral, and valuation appears stretched. Positive corporate events signal confidence from significant stakeholders, slightly boosting the outlook.

To see Spark’s full report on GB:JUST stock, click here.

More about Just Group plc

Average Trading Volume: 2,987,769

Technical Sentiment Signal: Buy

Current Market Cap: £1.34B

See more insights into JUST stock on TipRanks’ Stock Analysis page.

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