JTC (LON:JTC) PT Raised to GBX 1,400

JTC (LON:JTC) had its target price hoisted by Berenberg Bank from GBX 1,300 ($17.17) to GBX 1,400 ($18.49) in a report released on Monday, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

JTC Price Performance

JTC stock opened at GBX 1,074 ($14.19) on Monday. JTC has a 52-week low of GBX 623.50 ($8.24) and a 52-week high of GBX 1,178 ($15.56). The company has a quick ratio of 2.70, a current ratio of 2.25 and a debt-to-equity ratio of 52.51. The stock has a market cap of £1.76 billion, a price-to-earnings ratio of 7,671.43 and a beta of 0.68. The business has a fifty day moving average of GBX 1,054.26 and a two-hundred day moving average of GBX 941.58.

JTC Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be issued a GBX 4.30 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a yield of 0.38%. JTC’s dividend payout ratio (DPR) is currently 7,857.14%.

JTC Company Profile

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates in two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.