Today, Jardine Lloyd Thompson Group plc (JLT) Given Buy Rating at HSBC

Today, Jardine Lloyd Thompson Group plc (JLT) Given Buy Rating at HSBC
Jardine Lloyd Thompson Group plc (LON:JLT)‘s stock had its “buy” rating reiterated by HSBC in a report released on Friday. They presently have a GBX 1,100 ($13.74) target price on the stock. HSBC’s target price points to a potential upside of 14.94% from the company’s current price.

A number of other analysts have also issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Jardine Lloyd Thompson Group plc from GBX 1,020 ($12.74) to GBX 850 ($10.62) and set a “neutral” rating for the company in a research report on Tuesday, August 9th. Numis Securities Ltd reissued an “add” rating and issued a GBX 1,150 ($14.37) price target on shares of Jardine Lloyd Thompson Group plc in a research report on Tuesday, November 8th. Finally, Canaccord Genuity cut their price objective on shares of Jardine Lloyd Thompson Group plc from GBX 1,080 ($13.49) to GBX 1,070 ($13.37) and set a “buy” rating on the stock in a research report on Tuesday, November 8th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 1,064 ($13.29).

Shares of Jardine Lloyd Thompson Group plc (LON:JLT) opened at 957.50 on Friday. Jardine Lloyd Thompson Group plc has a 12-month low of GBX 769.50 and a 12-month high of GBX 1,070.00. The company has a 50-day moving average of GBX 1,004.66 and a 200 day moving average of GBX 965.28. The firm’s market capitalization is GBX 2.11 billion.

In related news, insider Richard J. Harvey sold 11,569 shares of the firm’s stock in a transaction that occurred on Tuesday, October 18th. The shares were sold at an average price of GBX 1,027 ($12.83), for a total transaction of £118,813.63 ($148,442.82).

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