JTC (LON:JTC) Receives Buy Rating from Shore Capital

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

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

JTC Stock Performance

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

Insider Transactions at JTC

In other news, insider Dawn Marriott bought 10,644 shares of the stock in a transaction that occurred on 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). Insiders own 10.16% of the company’s stock.

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.