The stock of Jardine Lloyd Thompson Group plc (LON:JLT) hit a new 52-week high and has GBX 1582.02 target or 53.00% above today’s GBX 1034.00 share price. The 6 months bullish chart indicates low risk for the GBX 2.26 billion company. The 1-year high was reported on Nov, 4 by Barchart.com. If the GBX 1582.02 price target is reached, the company will be worth GBX 1.20B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock decreased 1.05% or GBX 11 on November 4, hitting GBX 1034. About 63,401 shares traded hands. Jardine Lloyd Thompson Group plc (LON:JLT) has risen 22.22% since April 7, 2016 and is uptrending. It has outperformed by 21.13% the S&P500.
Jardine Lloyd Thompson Group plc (LON:JLT) Ratings Coverage
Out of 9 analysts covering Jardine Lloyd Thompson Group PLC (LON:JLT), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. GBX 1260 is the highest target while GBX 850 is the lowest. The GBX 1052.86 average target is 1.82% above today’s (GBX 1034) stock price. Jardine Lloyd Thompson Group PLC has been the topic of 33 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, June 29 by HSBC. The stock has “Buy” rating given by Panmure Gordon on Tuesday, July 26. The firm has “Buy” rating by Panmure Gordon given on Monday, July 27. As per Tuesday, March 1, the company rating was maintained by Panmure Gordon. The stock of Jardine Lloyd Thompson Group plc (LON:JLT) earned “Outperform” rating by RBC Capital Markets on Wednesday, July 27. The rating was maintained by JP Morgan on Wednesday, July 27 with “Neutral”. The firm earned “Buy” rating on Thursday, March 3 by Canaccord Genuity. The stock of Jardine Lloyd Thompson Group plc (LON:JLT) earned “Add” rating by Numis Securities on Tuesday, July 26. On Tuesday, August 9 the stock rating was maintained by JP Morgan with “Neutral”. JP Morgan maintained the shares of JLT in a report on Wednesday, November 4 with “Overweight” rating.
More recent Jardine Lloyd Thompson Group plc (LON:JLT) news were published by: Businessinsurance.com which released: “Top insurance brokers: Jardine Lloyd Thompson Group PLC” on July 17, 2016. Also Businessinsurance.com published the news titled: “Aon poaching suit against JLT alleges millions in losses” on February 24, 2016. Fool.Co.Uk‘s news article titled: “Could Esure Group PLC, Direct Line Insurance Group PLC And Jardine Lloyd …” with publication date: September 08, 2015 was also an interesting one.
Jardine Lloyd Thompson Group plc is a well-known provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services. The company has a market cap of 2.26 billion GBP. The Firm operates through three divisions: Risk & Insurance, Employee Benefits, and Head Office & Other operations. It has a 36.31 P/E ratio. The Risk & Insurance segment consists of JLT’s global specialist, wholesale, reinsurance broking, personal lines, and small and medium-sized enterprises (SME) activities.
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