JTC (LON:JTC) Trading Up 12.6% – What’s Next?

Jtc Plc (LON:JTC) shares were up 12.6% during trading on Friday . The stock traded as high as GBX 1,376 ($18.67) and last traded at GBX 1,322 ($17.93). Approximately 2,871,481 shares changed hands during mid-day trading, an increase of 274% from the average daily volume of 767,241 shares. The stock had previously closed at GBX 1,174 ($15.93).

Analyst Ratings Changes

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

JTC Stock Up 12.7%

The firm has a market capitalization of £2.25 billion, a PE ratio of -29,789.64 and a beta of 0.68. The business’s 50-day moving average price is GBX 952.82 and its 200-day moving average price is GBX 900.53. The company has a quick ratio of 2.70, a current ratio of 1.92 and a debt-to-equity ratio of 43.81.

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.