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JTC PLC Completes Acquisition of Kleinwort Hambros Trust

Story Highlights
  • JTC is a global professional services firm with a focus on fund, corporate, and private client services.
  • JTC completed the acquisition of Kleinwort Hambros Trust for £20 million, enhancing its trust services and expanding into the UK market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JTC PLC Completes Acquisition of Kleinwort Hambros Trust

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JTC PLC ( (GB:JTC) ) has shared an update.

JTC PLC has completed its acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries for £20 million in cash. This acquisition enhances JTC’s Private Capital Services, strengthens its trust presence in the Channel Islands, and introduces a UK trust business, reflecting its strategic expansion and industry positioning.

The most recent analyst rating on (GB:JTC) stock is a Buy with a £1492.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

Spark’s Take on GB:JTC Stock

According to Spark, TipRanks’ AI Analyst, GB:JTC is a Outperform.

JTC PLC’s strong technical momentum and positive earnings call sentiment are offset by concerns over profitability and valuation. The company’s robust revenue growth and strategic acquisitions support a positive outlook, but the net loss and high P/E ratio warrant caution.

To see Spark’s full report on GB:JTC stock, click here.

More about JTC PLC

JTC is a publicly listed, global professional services business with expertise in fund, corporate, and private client services. The company emphasizes employee ownership, aligning with stakeholder interests, and focuses on service excellence, long-term relationships, and technology-driven efficiency.

Average Trading Volume: 839,036

Technical Sentiment Signal: Buy

Current Market Cap: £2.2B

For an in-depth examination of JTC stock, go to TipRanks’ Overview page.

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