JTC’s (JTC) Buy Rating Reaffirmed at Berenberg Bank

JTC (LON:JTC)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 1,150 ($14.87) price objective on the stock. Berenberg Bank’s price objective would indicate a potential upside of 11.87% from the stock’s previous close.

Other analysts have also issued reports about the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,100 ($14.23) price target on shares of JTC in a report on Friday, April 12th. Shore Capital restated a “buy” rating on shares of JTC in a report on Tuesday, April 9th.

JTC Stock Down 1.9 %

Shares of JTC stock traded down GBX 20 ($0.26) during trading hours on Thursday, hitting GBX 1,028 ($13.30). 117,851 shares of the company were exchanged, compared to its average volume of 250,903. The business has a 50 day moving average of GBX 952.73 and a two-hundred day moving average of GBX 861.80. JTC has a 52 week low of GBX 623.50 ($8.06) and a 52 week high of GBX 1,070 ($13.84). The company has a market capitalization of £1.67 billion, a PE ratio of 7,342.86 and a beta of 0.65. The company has a current ratio of 2.25, a quick ratio of 2.70 and a debt-to-equity ratio of 52.51.

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.