St. James’ Place’s (STJ) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of St. James’s Place (LON:STJ) in a research note issued to investors on Thursday,Digital Look reports. They currently have a GBX 2,050 price objective on the stock.

A number of other equities analysts have also weighed in on STJ. Citigroup upped their target price on St. James’s Place from GBX 1,790 to GBX 1,830 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,800 price target on shares of St. James’s Place in a research report on Thursday, April 30th. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 1,400 price target on shares of St. James’s Place in a research note on Thursday, April 30th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,700 price objective on shares of St. James’s Place in a report on Wednesday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating for the company in a report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,702.57.

St. James’s Place Stock Performance

STJ stock opened at GBX 1,053.50 on Thursday. The stock’s 50 day simple moving average is GBX 1,167.02 and its 200 day simple moving average is GBX 1,257.70. St. James’s Place has a fifty-two week low of GBX 1,038.75 and a fifty-two week high of GBX 1,575.50. The company has a market cap of £5.36 billion, a P/E ratio of 10.66, a price-to-earnings-growth ratio of 1.10 and a beta of 1.02.

St. James’s Place (LON:STJ) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX 43.30 earnings per share (EPS) for the quarter. St. James’s Place had a return on equity of 37.02% and a net margin of 1.25%. Equities analysts predict that St. James’s Place will post 67.9947461 earnings per share for the current year.

Insider Transactions at St. James’s Place

In related news, insider Penny James purchased 8,418 shares of St. James’s Place stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of GBX 1,182 per share, for a total transaction of £99,500.76. Also, insider Evelyn Bourke bought 2,374 shares of St. James’s Place stock in a transaction dated Friday, July 31st. The shares were bought at an average cost of GBX 1,053 per share, with a total value of £24,998.22. Corporate insiders own 1.21% of the company’s stock.

About St. James’s Place

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.