JTC’s (JTC) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of JTC (LON:JTC) in a research note published on Thursday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 1,150 ($14.87) price objective on the stock.

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

JTC Stock Performance

Shares of LON JTC opened at GBX 1,072 ($13.86) on Thursday. The stock has a fifty day moving average price of GBX 957.91 and a two-hundred day moving average price of GBX 864.97. The company has a debt-to-equity ratio of 52.51, a quick ratio of 2.70 and a current ratio of 2.25. The firm has a market cap of £1.74 billion, a P/E ratio of 7,657.14 and a beta of 0.65. JTC has a 1 year low of GBX 623.50 ($8.06) and a 1 year high of GBX 1,082 ($13.99).

About JTC

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.