JTC (LON:JTC) Shares Up 12.7% – Should You Buy?

Jtc Plc (LON:JTC) shares shot up 12.7% on Saturday . The stock traded as high as GBX 1,376 ($18.66) and last traded at GBX 1,322.66 ($17.93). 3,510,700 shares changed hands during mid-day trading, an increase of 355% from the average session volume of 770,853 shares. The stock had previously closed at GBX 1,174 ($15.92).

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on JTC. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 1,025 target price on shares of JTC in a research note on Monday, September 1st. Shore Capital reiterated a “hold” rating and issued a GBX 1,200 target price on shares of JTC in a research note on Tuesday, September 2nd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,400 target price on shares of JTC in a research note on Thursday, July 31st. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of GBX 1,208.33.

JTC Stock Up 12.7%

The company has a current ratio of 1.92, a quick ratio of 2.70 and a debt-to-equity ratio of 43.81. The firm has a market capitalization of £2.25 billion, a P/E ratio of -29,789.64 and a beta of 0.68. The company’s fifty day simple moving average is GBX 952.82 and its 200 day simple moving average is GBX 900.22.

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.