St. James’s Place plc (LON:STJ) Receives Average Recommendation of “Moderate Buy” from Analysts

St. James’s Place plc (LON:STJ) has been assigned an average rating of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 1,721.86.

A number of research analysts have recently commented on STJ shares. Citigroup cut their target price on St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,050 price target on shares of St. James’s Place in a report on Thursday, July 30th. Berenberg Bank increased their price objective on St. James’s Place from GBX 1,800 to GBX 1,945 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 1,700 price target on shares of St. James’s Place in a research note on Wednesday, July 29th.

St. James’s Place Stock Up 0.1%

Shares of STJ stock opened at GBX 1,086 on Thursday. The company has a debt-to-equity ratio of 33.04, a current ratio of 0.39 and a quick ratio of 3.85. The company’s fifty day moving average price is GBX 1,137.83 and its 200-day moving average price is GBX 1,195.62. The company has a market capitalization of £5.43 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 1.10 and a beta of 1.01. St. James’s Place has a one year low of GBX 1,038.75 and a one year high of GBX 1,575.50.

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

Insiders Place Their Bets

In other St. James’s Place news, insider Evelyn Bourke bought 2,374 shares of St. James’s Place stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of GBX 1,053 per share, with a total value of £24,998.22. Insiders own 1.22% of the company’s stock.

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.