JTC (LON:JTC) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of JTC (LON:JTC) in a research report released on Friday, Marketbeat reports. They currently have a GBX 1,100 ($13.69) price target on the stock.

A number of other analysts also recently commented on JTC. Shore Capital reiterated a buy rating on shares of JTC in a research report on Tuesday, April 9th. Berenberg Bank reiterated a buy rating and set a GBX 950 ($11.83) target price on shares of JTC in a research report on Tuesday, April 9th.

JTC Trading Down 0.7 %

LON:JTC opened at GBX 862 ($10.73) on Friday. The stock’s 50 day simple moving average is GBX 801.05 and its 200-day simple moving average is GBX 765.39. JTC has a 12-month low of GBX 623.50 ($7.76) and a 12-month high of GBX 886 ($11.03). The firm has a market cap of £1.43 billion, a P/E ratio of 5,070.59 and a beta of 0.70. The company has a current ratio of 2.23, a quick ratio of 2.70 and a debt-to-equity ratio of 32.05.

JTC Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 30th will be paid a dividend of GBX 7.67 ($0.10) per share. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from JTC’s previous dividend of $3.50. This represents a yield of 0.93%. JTC’s dividend payout ratio is currently 5,882.35%.

About JTC

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.