Jardine Lloyd Thompson Group (LON:JLT)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research report issued to clients and investors on Thursday. They presently have a GBX 1,610 ($20.77) target price on the stock. Canaccord Genuity’s target price would suggest a potential upside of 7.62% from the stock’s previous close.
JLT has been the subject of several other reports. Numis Securities increased their price objective on shares of Jardine Lloyd Thompson Group from GBX 1,150 ($14.83) to GBX 1,470 ($18.96) and gave the stock a “hold” rating in a research report on Thursday, July 26th. Barclays reduced their price target on shares of Jardine Lloyd Thompson Group from GBX 1,483 ($19.13) to GBX 1,481 ($19.10) and set an “overweight” rating for the company in a report on Wednesday, July 18th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Jardine Lloyd Thompson Group in a report on Thursday, July 12th. Finally, HSBC reduced their price objective on shares of Jardine Lloyd Thompson Group from GBX 1,400 ($18.06) to GBX 1,355 ($17.48) and set a “buy” rating for the company in a report on Wednesday, May 9th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,431.20 ($18.46).
Shares of JLT stock remained flat at $GBX 1,496 ($19.30) during trading hours on Thursday. 72,739 shares of the stock traded hands, compared to its average volume of 145,303. Jardine Lloyd Thompson Group has a 12-month low of GBX 1,078 ($13.91) and a 12-month high of GBX 1,468 ($18.94).
Jardine Lloyd Thompson Group (LON:JLT) last released its quarterly earnings results on Thursday, July 26th. The company reported GBX 34.70 ($0.45) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 34.90 ($0.45) by GBX (0.20) ($0.00). Jardine Lloyd Thompson Group had a net margin of 10.22% and a return on equity of 41.00%.
In other news, insider Charlie Rozes sold 5,271 shares of Jardine Lloyd Thompson Group stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of GBX 1,454 ($18.76), for a total transaction of £76,640.34 ($98,865.25).
Jardine Lloyd Thompson Group Company Profile
Jardine Lloyd Thompson Group plc provides insurance, reinsurance, employee benefits related advice, brokerage, and associated service worldwide. The company's Risk and Insurance segment provides advice and consultancy services; brokerage and placement services; specialist insurance products; and other services in the areas, such as captive management, claims management and administration, capital raising, and corporate finance advice.
Further Reading: Book Value Per Share – BVPS
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