JTC (LON:JTC) Earns “Buy” Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of JTC (LON:JTC) in a research report released on Thursday, Marketbeat.com reports. Berenberg Bank currently has a GBX 1,150 ($14.87) price target on the stock.

Several other research firms have also issued reports on JTC. Jefferies Financial Group reissued a buy rating and set a GBX 1,100 ($14.23) price objective on shares of JTC in a research note on Friday, April 12th. Shore Capital reaffirmed a buy rating on shares of JTC in a research note on Tuesday, April 9th.

JTC Price Performance

LON:JTC opened at GBX 1,072 ($13.86) on Thursday. The firm has a market capitalization of £1.74 billion, a price-to-earnings ratio of 7,657.14 and a beta of 0.65. JTC has a 52-week low of GBX 623.50 ($8.06) and a 52-week high of GBX 1,082 ($13.99). The stock has a fifty day moving average of GBX 957.91 and a 200 day moving average of GBX 865.51. The company has a debt-to-equity ratio of 52.51, a quick ratio of 2.70 and a current ratio of 2.25.

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.