JTC (LON:JTC) Trading 0.2% Higher – Still a Buy?

Jtc Plc (LON:JTC)’s stock price shot up 0.2% on Tuesday . The stock traded as high as GBX 1,278 and last traded at GBX 1,276.49. 4,176,708 shares traded hands during mid-day trading, an increase of 252% from the average session volume of 1,185,333 shares. The stock had previously closed at GBX 1,274.

Analysts Set New Price Targets

JTC has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 1,025 price objective on shares of JTC in a report on Monday, September 1st. Shore Capital restated a “hold” rating on shares of JTC in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 1,208.33.

JTC Stock Performance

The company has a current ratio of 1.92, a quick ratio of 2.70 and a debt-to-equity ratio of 43.81. The firm’s fifty day moving average price is GBX 1,304.81 and its two-hundred day moving average price is GBX 1,067.28. The stock has a market capitalization of £2.14 billion, a PE ratio of -109.19 and a beta of 0.68.

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.