JTC (LON:JTC) Stock Rating Reaffirmed by Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of JTC (LON:JTC) in a research report report published on Friday, Marketbeat.com reports. The brokerage currently has a GBX 1,100 ($13.69) price target on the stock.

A number of other brokerages have also recently weighed in on JTC. Shore Capital reissued a buy rating on shares of JTC in a report on Tuesday, April 9th. Berenberg Bank reaffirmed a buy rating and issued a GBX 950 ($11.83) price objective on shares of JTC in a report on Tuesday, April 9th.

JTC Stock Down 0.7 %

Shares of LON:JTC opened at GBX 862 ($10.73) on Friday. The stock has a market capitalization of £1.43 billion, a price-to-earnings ratio of 5,070.59 and a beta of 0.70. JTC has a 1-year low of GBX 623.50 ($7.76) and a 1-year high of GBX 886 ($11.03). The company’s fifty day moving average is GBX 801.05 and its two-hundred day moving average is GBX 765.39. The company has a debt-to-equity ratio of 32.05, a quick ratio of 2.70 and a current ratio of 2.23.

JTC Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 30th will be issued a GBX 7.67 ($0.10) dividend. This represents a dividend yield of 0.93%. The ex-dividend date is Thursday, May 30th. This is a boost from JTC’s previous dividend of $3.50. JTC’s dividend payout ratio (DPR) is 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.