JTC (LON:JTC) Shares Up 12.7% – Still a Buy?

Jtc Plc (LON:JTC) traded up 12.7% during trading on Saturday . The company traded as high as GBX 1,376 ($18.67) and last traded at GBX 1,322.66 ($17.94). 3,510,700 shares were traded during trading, an increase of 355% from the average session volume of 770,853 shares. The stock had previously closed at GBX 1,174 ($15.93).

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Shore Capital reiterated a “hold” rating and set a GBX 1,200 target price on shares of JTC in a research report on Tuesday, September 2nd. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 1,025 target price on shares of JTC in a research report on Monday, September 1st. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 1,400 target price on shares of JTC in a research report on Thursday, July 31st. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, JTC has a consensus rating of “Hold” and an average price target of GBX 1,208.33.

JTC Stock Up 12.7%

The company has a fifty day moving average of GBX 952.82 and a two-hundred day moving average of GBX 901. The company has a market cap of £2.25 billion, a PE ratio of -29,789.64 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 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.