Berenberg Bank Increases JTC (LON:JTC) Price Target to GBX 1,400

JTC (LON:JTC) had its price target hoisted by analysts at Berenberg Bank from GBX 1,300 ($17.17) to GBX 1,400 ($18.49) in a research report issued to clients and investors on Monday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 29.39% from the company’s previous close.

JTC Stock Performance

LON JTC opened at GBX 1,082 ($14.29) on Monday. The company has a fifty day moving average of GBX 1,052.88 and a two-hundred day moving average of GBX 938.08. The company has a market capitalization of £1.77 billion, a PE ratio of 7,728.57 and a beta of 0.68. JTC has a 1 year low of GBX 623.50 ($8.24) and a 1 year high of GBX 1,178 ($15.56). The company has a debt-to-equity ratio of 52.51, a current ratio of 2.25 and a quick ratio of 2.70.

JTC Company Profile

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates in two segments, Institutional Client Services and Private Client Services. It offers fund services in a range of asset classes, including real estate, private equity, renewables, hedge, debt, and alternative asset classes, as well as other administration services.