JTC (LON:JTC) Shares Down 0.6% - What's Next?

Key Points

• JTC's share price decreased by 0.6%, closing at GBX 1,317.90 ($17.77) on Monday, with trading volume down 19% from average levels.
• Analysts have mixed opinions on JTC, with Berenberg Bank assigning a "buy" rating at a target price of GBX 1,400, while the consensus rating is currently "Hold" with an average price target of GBX 1,208.33.
• JTC has a market capitalization of £2.21 billion and reported a PE ratio of -11,273.70, indicating potential financial challenges.

Jtc Plc (LON:JTC - Get Free Report)'s share price fell 0.6% during trading on Monday . The company traded as low as GBX 1,290 ($17.39) and last traded at GBX 1,317.90 ($17.77). 646,498 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 794,298 shares. The stock had previously closed at GBX 1,326 ($17.88).

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on JTC. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,400 target price on shares of JTC in a report on Thursday, July 31st. Royal Bank Of Canada restated a "sector perform" rating and set a GBX 1,025 price objective on shares of JTC in a report on Monday, September 1st. Finally, Shore Capital restated a "hold" rating on shares of JTC in a report on Tuesday, September 16th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of GBX 1,208.33.

JTC Trading Down 0.6%

The stock has a fifty day moving average of GBX 1,102.72 and a 200-day moving average of GBX 940.13. The company has a debt-to-equity ratio of 43.81, a quick ratio of 2.70 and a current ratio of 1.92. The company has a market cap of £2.21 billion, a PE ratio of -11,273.70 and a beta of 0.68.

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.

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