JTC (LON:JTC) Given “Buy” Rating at Berenberg Bank

JTC (LON:JTC)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 1,400 ($17.82) price objective on the stock. Berenberg Bank’s price target suggests a potential upside of 73.27% from the company’s current price.

JTC Trading Up 0.2 %

JTC stock traded up GBX 2 ($0.03) during trading on Tuesday, reaching GBX 808 ($10.29). 579,797 shares of the stock were exchanged, compared to its average volume of 848,609. 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 £1.36 billion, a price-to-earnings ratio of 45.31 and a beta of 0.68. The business has a 50 day moving average price of GBX 949.18 and a 200-day moving average price of GBX 992.94. JTC has a 1 year low of GBX 765 ($9.74) and a 1 year high of GBX 1,178 ($14.99).

Insider Buying and Selling

In other JTC news, insider Dawn Marriott purchased 10,644 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were acquired at an average price of GBX 939 ($11.95) per share, with a total value of £99,947.16 ($127,223.98). 10.16% of the stock is currently owned by company insiders.

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.