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

JTC (LON:JTC) had its price objective increased by investment analysts at Berenberg Bank from GBX 1,300 ($17.00) to GBX 1,400 ($18.31) in a report released on Monday, LSE.Co.UK reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 24.56% from the company’s previous close.

JTC Stock Performance

Shares of JTC stock opened at GBX 1,124 ($14.70) on Monday. The company’s fifty day simple moving average is GBX 1,048.81 and its 200-day simple moving average is GBX 933.37. 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 firm has a market cap of £1.84 billion, a PE ratio of 8,028.57 and a beta of 0.68. JTC has a 12 month low of GBX 623.50 ($8.15) and a 12 month high of GBX 1,132 ($14.80).

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.