JTC PLC 30.3% potential upside indicated by Berenberg Bank

JTC PLC with ticker (LON:JTC) now has a potential upside of 30.3% according to Berenberg Bank.



Berenberg Bank set a target price of 880 GBX for the company, which when compared to the JTC PLC share price of 676 GBX at opening today (17/08/2023) indicates a potential upside of 30.3%. Trading has ranged between 610 (52 week low) and 860 (52 week high) with an average of 151,797 shares exchanging hands daily. The market capitalisation at the time of writing is £1,121,409,517.

JTC PLC is a provider of fund, corporate and private client services. The Company has two divisions: institutional client services (ICS) and private client services (PCS). ICS division provides fund, corporate and banking services to institutional clients, primarily fund managers, listed companies and multinationals. PCS division provides trust, corporate and banking services for wealth management firms, family and private offices and ultra-high net worth individuals and high net worth individuals. It provides a variety of fund types and services across a range of asset classes and fund jurisdictions. It provides the lifecycle of a fund, including complex and ongoing reporting and regulatory compliance. It provides corporate services and employer solutions, including structural formation, company secretarial and compliance work. It protects assets across countries and generations, including through its JTC Private Office. It is also an independent provider of administration services.