JTC (LON:JTC) Earns “Hold” Rating from Shore Capital

Shore Capital restated their hold rating on shares of JTC (LON:JTC) in a report issued on Tuesday morning, MarketBeat.com reports.

Separately, Berenberg Bank upped their price objective on shares of JTC from GBX 1,300 ($17.17) to GBX 1,400 ($18.49) and gave the stock a buy rating in a research report on Monday.

JTC Trading Up 5.1 %

Shares of JTC stock opened at GBX 1,074 ($14.19) on Tuesday. JTC has a twelve month low of GBX 623.50 ($8.24) and a twelve month high of GBX 1,178 ($15.56). The company has a current ratio of 2.25, a quick ratio of 2.70 and a debt-to-equity ratio of 52.51. The business’s 50 day moving average is GBX 1,054.26 and its two-hundred day moving average is GBX 941.58. The company has a market capitalization of £1.76 billion, a P/E ratio of 7,671.43 and a beta of 0.68.

JTC Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 26th will be paid a dividend of GBX 4.30 ($0.06) per share. This represents a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, September 26th. JTC’s dividend payout ratio (DPR) is 7,857.14%.

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.