Shore Capital Reaffirms Buy Rating for JTC (LON:JTC)

JTC (LON:JTC)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a report issued on Tuesday, MarketBeat reports.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,400 ($17.89) target price on shares of JTC in a research note on Tuesday.

JTC Stock Performance

LON:JTC opened at GBX 769 ($9.83) on Tuesday. The company has a debt-to-equity ratio of 43.81, a current ratio of 1.92 and a quick ratio of 2.70. The firm has a market cap of £1.29 billion, a price-to-earnings ratio of 43.13 and a beta of 0.68. The firm’s fifty day moving average price is GBX 934.58 and its 200 day moving average price is GBX 985.34. JTC has a 1-year low of GBX 751 ($9.60) and a 1-year high of GBX 1,178 ($15.05).

Insider Buying and Selling at JTC

In related news, insider Dawn Marriott acquired 10,644 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of GBX 939 ($12.00) per share, for a total transaction of £99,947.16 ($127,711.68). 10.16% of the stock is currently owned by insiders.

About JTC

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.