St. James’s Place (LON:STJ) Price Target Lowered to GBX 1,810 at Citigroup

St. James’s Place (LON:STJ) had its price target lowered by investment analysts at Citigroup from GBX 1,870 to GBX 1,810 in a note issued to investors on Thursday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s target price suggests a potential upside of 39.61% from the company’s current price.

STJ has been the topic of several other research reports. Jefferies Financial Group cut their price target on shares of St. James’s Place from GBX 1,800 to GBX 1,700 and set a “buy” rating on the stock in a report on Thursday, April 2nd. UBS Group reaffirmed a “neutral” rating and issued a GBX 1,475 target price on shares of St. James’s Place in a research report on Friday, January 16th. Royal Bank Of Canada lifted their target price on shares of St. James’s Place from GBX 1,350 to GBX 1,375 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. reduced their price target on shares of St. James’s Place from GBX 725 to GBX 625 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,505.

St. James’s Place Price Performance

Shares of STJ stock opened at GBX 1,296.50 on Thursday. The firm has a market cap of £6.66 billion, a P/E ratio of 13.12, a P/E/G ratio of 1.10 and a beta of 1.04. St. James’s Place has a fifty-two week low of GBX 881.60 and a fifty-two week high of GBX 1,575.50. The business’s 50 day moving average price is GBX 1,281.06 and its 200-day moving average price is GBX 1,341.63. The company has a debt-to-equity ratio of 36.73, a quick ratio of 3.85 and a current ratio of 3.80.

St. James’s Place (LON:STJ) last posted its earnings results on Wednesday, February 25th. The company reported GBX 99.90 earnings per share (EPS) for the quarter. St. James’s Place had a return on equity of 37.33% and a net margin of 1.76%. On average, equities research analysts anticipate that St. James’s Place will post 67.9947461 earnings per share for the current year.

St. James’s Place Company Profile

We plan, grow and protect the financial futures of over one million clients across the UK by providing holistic advice-led wealth management, delivered exclusively by the Partnership, our group of more than 4,900 highly skilled advisers.

We offer an integrated client proposition, through which we provide financial advice, investment product wrappers such as pensions, investment bonds and ISAs, and offer our own range of investment funds and portfolios.