Jefferies Financial Group Reiterates “Buy” Rating for JTC (LON:JTC)

JTC (LON:JTC)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a research report issued on Friday, Digital Look reports. They currently have a GBX 1,100 ($13.92) price objective on the stock. Jefferies Financial Group’s target price points to a potential upside of 26.62% from the stock’s current price.

JTC has been the subject of a number of other research reports. Shore Capital reaffirmed a “buy” rating on shares of JTC in a research report on Tuesday. Berenberg Bank reissued a “buy” rating and issued a GBX 950 ($12.02) price target on shares of JTC in a research report on Tuesday.

JTC Trading Down 0.3 %

Shares of LON:JTC traded down GBX 2.29 ($0.03) during mid-day trading on Friday, reaching GBX 868.71 ($10.99). 274,140 shares of the company were exchanged, compared to its average volume of 161,084. The company has a debt-to-equity ratio of 32.05, a current ratio of 2.23 and a quick ratio of 2.70. The firm has a market cap of £1.44 billion, a price-to-earnings ratio of 5,110.06 and a beta of 0.70. The firm’s 50-day simple moving average is GBX 797 and its 200 day simple moving average is GBX 763.64. JTC has a 1 year low of GBX 623.50 ($7.89) and a 1 year high of GBX 886 ($11.21).

JTC Company Profile

JTC PLC provides fund, corporate, and private wealth services to institutional and private clients. The company operates through 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.