Berenberg Bank Reaffirms “Buy” Rating for JTC (LON:JTC)

JTC (LON:JTC)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a report issued on Thursday, MarketBeat Ratings reports. They currently have a GBX 1,400 ($18.58) target price on the stock. Berenberg Bank’s price target suggests a potential upside of 49.73% from the stock’s current price.

Separately, Shore Capital reiterated a “buy” rating and set a GBX 1,150 ($15.26) price objective on shares of JTC in a report on Thursday.

JTC Stock Down 0.4%

Shares of LON JTC opened at GBX 935 ($12.41) on Thursday. The company has a quick ratio of 2.70, a current ratio of 1.92 and a debt-to-equity ratio of 43.81. The firm has a market cap of £1.57 billion, a PE ratio of 52.44 and a beta of 0.68. The company’s fifty day simple moving average is GBX 841.05 and its 200 day simple moving average is GBX 889.55. JTC has a 12-month low of GBX 751 ($9.97) and a 12-month high of GBX 1,178 ($15.64).

JTC Company Profile

JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all of our stakeholders. Our purpose is to maximise potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.