JTC PLC 13.8% potential upside indicated by Berenberg Bank

JTC PLC with ticker (LON:JTC) now has a potential upside of 13.8% according to Berenberg Bank.



Berenberg Bank set a target price of 945 GBX for the company, which when compared to the JTC PLC share price of 815 GBX at opening today (21/10/2021) indicates a potential upside of 13.8%. Trading has ranged between 500 (52 week low) and 840 (52 week high) with an average of 260,557 shares exchanging hands daily. The market capitalisation at the time of writing is £1,094,313,724.

JTC PLC is a Jersey-based international provider of fund, corporate and private wealth services to institutional and private clients. The Company’s operations are divided into two divisions based on the type of client serviced, such as the Institutional Client Services (ICS) Division and Private Client Services (PCS) Division. The Institutional Client Services Division covers Fund Services and Corporate Services for corporate and institutional entities. The Private Client Services Division covers Private Wealth Services and Corporate Services provided to family offices, high net worth individuals (HNWIs) and ultra-high net worth individuals (UHNWIs). The Company has its operations in approximately 17 different jurisdictions including its operations in Europe, South Africa, Mauritius, the United States, and in Cayman Islands. Its clients include alternative asset managers, financial institutions, corporates and private clients.