JTC (LON:JTC) Earns Hold Rating from Shore Capital

Shore Capital reissued their hold rating on shares of JTC (LON:JTC) in a research report report published on Thursday morning, MarketBeat reports.

Separately, Berenberg Bank upped their target price on JTC from GBX 1,300 ($17.41) to GBX 1,400 ($18.75) and gave the company a buy rating in a research note on Monday, September 16th.

JTC Stock Performance

JTC stock opened at GBX 1,078 ($14.43) on Thursday. The firm has a market capitalization of £1.75 billion, a P/E ratio of 5,988.89 and a beta of 0.68. The stock has a fifty day moving average price of GBX 1,059.02 and a 200 day moving average price of GBX 951.74. JTC has a 52 week low of GBX 623.50 ($8.35) and a 52 week high of GBX 1,178 ($15.77). The company has a current ratio of 1.92, a quick ratio of 2.70 and a debt-to-equity ratio of 52.47.

JTC Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 26th will be given a dividend of GBX 4.30 ($0.06) per share. This represents a yield of 0.38%. The ex-dividend date is Thursday, September 26th. JTC’s dividend payout ratio (DPR) is presently 6,666.67%.

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.