JTC (LON:JTC) Earns "Buy" Rating from Berenberg Bank

JTC (LON:JTC - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Berenberg Bank in a research note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a GBX 1,400 ($18.32) price target on the stock. Berenberg Bank's price objective suggests a potential upside of 68.07% from the stock's current price.

JTC Stock Up 0.4 %

LON JTC traded up GBX 3 ($0.04) on Tuesday, reaching GBX 833 ($10.90). 800,326 shares of the stock traded hands, compared to its average volume of 833,719. The company has a market cap of £1.40 billion, a price-to-earnings ratio of 46.72 and a beta of 0.68. The company has a debt-to-equity ratio of 43.81, a quick ratio of 2.70 and a current ratio of 1.92. JTC has a 12 month low of GBX 751 ($9.83) and a 12 month high of GBX 1,178 ($15.42). The company has a fifty day moving average price of GBX 929.32 and a 200-day moving average price of GBX 982.18.

Insider Activity at JTC

In other news, insider Dawn Marriott bought 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 ($12.29) per share, for a total transaction of £99,947.16 ($130,820.89). 10.16% of the stock is 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.