JTC (LON:JTC) Trading Up 17.8% – Still a Buy?

Shares of Jtc Plc (LON:JTC) were up 17.8% during trading on Friday . The stock traded as high as GBX 1,160 ($15.66) and last traded at GBX 1,154 ($15.58). Approximately 4,164,218 shares were traded during trading, an increase of 516% from the average daily volume of 676,478 shares. The stock had previously closed at GBX 980 ($13.23).

Analyst Ratings Changes

Several analysts recently commented on JTC shares. Berenberg Bank reissued a “buy” rating and set a GBX 1,400 target price on shares of JTC in a research note on Thursday, July 31st. Shore Capital reissued a “buy” rating and set a GBX 1,150 target price on shares of JTC in a research note on Thursday, July 31st. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 1,275.

JTC Trading Up 17.8%

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 cap of £1.96 billion, a PE ratio of -25,990.99 and a beta of 0.68. The company’s 50-day moving average is GBX 884.79 and its 200 day moving average is GBX 884.99.

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.