Shares of Jtc Plc (LON:JTC – Get Free Report) hit a new 52-week high on Friday . The company traded as high as GBX 886 ($11.13) and last traded at GBX 881 ($11.07), with a volume of 264605 shares. The stock had previously closed at GBX 863 ($10.84).
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 950 ($11.93) price objective on shares of JTC in a report on Tuesday, April 9th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,100 ($13.82) price target on shares of JTC in a report on Friday, April 12th. Finally, Shore Capital reiterated a “buy” rating on shares of JTC in a research note on Tuesday, April 9th.
Get Our Latest Stock Report on JTC
JTC Price Performance
JTC Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 7.67 ($0.10) per share. The ex-dividend date is Thursday, May 30th. This is a positive change from JTC’s previous dividend of $3.50. This represents a yield of 0.93%. JTC’s dividend payout ratio (DPR) is currently 5,882.35%.
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.
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