Shore Capital Reiterates “Buy” Rating for JTC (LON:JTC)

JTC (LON:JTC)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital in a note issued to investors on Thursday, MarketBeat.com reports. They presently have a GBX 1,150 ($15.26) price objective on the stock. Shore Capital’s price objective points to a potential upside of 22.99% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,400 ($18.58) price target on shares of JTC in a research report on Tuesday, April 8th.

JTC Stock Performance

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 company has a market capitalization of £1.57 billion, a P/E ratio of 52.44 and a beta of 0.68. JTC has a 12-month low of GBX 751 ($9.97) and a 12-month high of GBX 1,178 ($15.64). The firm has a 50-day moving average price of GBX 841.05 and a two-hundred day moving average price of GBX 889.55.

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.