Shore Capital Reaffirms Hold Rating for JTC (LON:JTC)

Key Points

• Shore Capital has restated its hold rating for JTC (LON:JTC), reflecting a cautious stance on the stock.
• JTC currently holds a consensus target price of GBX 1,208.33, with distinct ratings from various analysts including a "buy" rating from Berenberg Bank.
• The company's stock is trading at around GBX 1,342, significantly higher than its 1-year low of GBX 751.

JTC (LON:JTC - Get Free Report)'s stock had its "hold" rating restated by stock analysts at Shore Capital in a research note issued to investors on Tuesday,Digital Look reports.

JTC has been the topic of a number of other research reports. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 1,025 target price on shares of JTC in a report on Monday, September 1st. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,400 target price on shares of JTC in a report on Thursday, July 31st. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 1,208.33.

JTC Stock Performance

JTC stock opened at GBX 1,342 on Tuesday. The firm's 50 day simple moving average is GBX 963.42 and its 200 day simple moving average is GBX 903.12. 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 has a market capitalization of £2.28 billion, a PE ratio of -30,225.23 and a beta of 0.68. JTC has a 1-year low of GBX 751 and a 1-year high of GBX 1,385.16.

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.

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