Berenberg Bank Reaffirms Buy Rating for JTC (LON:JTC)

JTC (LON:JTC)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a report issued on Tuesday, Marketbeat reports. They currently have a GBX 1,400 ($17.89) price objective on the stock. Berenberg Bank’s target price points to a potential upside of 82.05% from the company’s previous close.

JTC Stock Performance

JTC opened at GBX 769 ($9.83) on Tuesday. JTC has a 52-week low of GBX 751 ($9.60) and a 52-week high of GBX 1,178 ($15.05). The company has a debt-to-equity ratio of 43.81, a quick ratio of 2.70 and a current ratio of 1.92. The business’s 50-day simple moving average is GBX 934.58 and its 200 day simple moving average is GBX 985.34. The firm has a market capitalization of £1.29 billion, a PE ratio of 43.13 and a beta of 0.68.

Insider Buying and Selling at JTC

In other news, insider Dawn Marriott purchased 10,644 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were purchased at an average cost of GBX 939 ($12.00) per share, with a total value of £99,947.16 ($127,711.68). Company insiders own 10.16% of the company’s stock.

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.