St. James’s Place plc (LON:STJ) Receives GBX 1,721.86 Average Target Price from Analysts

St. James’s Place plc (LON:STJ) has been given an average rating of “Moderate Buy” by the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Two 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 analysts that have updated their coverage on the stock in the last year is GBX 1,721.86.

Several research firms have issued reports on STJ. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,700 price objective on shares of St. James’s Place in a research note on Wednesday, July 29th. Berenberg Bank lifted their target price on shares of 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. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 2,050 target price on shares of St. James’s Place in a report on Thursday, July 30th. JPMorgan Chase & Co. decreased their price target 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 research report on Thursday, April 30th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 1,400 price target on shares of St. James’s Place in a report on Thursday, April 30th.

St. James’s Place Stock Performance

St. James’s Place stock opened at GBX 1,170.50 on Friday. The company has a market cap of £5.92 billion, a price-to-earnings ratio of 10.98, a price-to-earnings-growth ratio of 1.10 and a beta of 1.00. St. James’s Place has a 12 month low of GBX 1,038.75 and a 12 month high of GBX 1,575.50. 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 stock’s 50-day moving average is GBX 1,158.39 and its 200-day moving average is GBX 1,223.31.

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

Insider Buying and Selling at St. James’s Place

In related news, insider Evelyn Bourke bought 2,374 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was bought at an average price of GBX 1,053 per share, with a total value of £24,998.22. 1.21% of the stock is owned by insiders.

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.