St. James’s Place plc (LON:STJ) Receives GBX 1,675.43 Average Price Target from Brokerages

Shares of St. James’s Place plc (LON:STJ) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 1,675.43.

Several research analysts have issued reports on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,800 target price on shares of St. James’s Place in a report on Thursday, April 30th. JPMorgan Chase & Co. reduced 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. Citigroup decreased their price objective on shares of St. James’s Place from GBX 1,810 to GBX 1,790 and set a “buy” rating for the company in a report on Thursday, April 30th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 1,400 price objective on shares of St. James’s Place in a research report on Thursday, April 30th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,700 target price on shares of St. James’s Place in a research note on Wednesday, April 29th.

Insider Activity at St. James’s Place

In other St. James’s Place news, insider Penny James acquired 8,418 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of GBX 1,182 per share, with a total value of £99,500.76. 1.21% of the stock is owned by company insiders.

St. James’s Place Stock Performance

Shares of St. James’s Place stock opened at GBX 1,196 on Tuesday. St. James’s Place has a 1 year low of GBX 1,067.25 and a 1 year high of GBX 1,575.50. The firm’s 50-day moving average is GBX 1,217.36 and its 200 day moving average is GBX 1,314.88. The stock has a market cap of £6.09 billion, a price-to-earnings ratio of 12.11, a PEG ratio of 1.10 and a beta of 1.01. The company has a debt-to-equity ratio of 36.73, a current ratio of 3.80 and a quick ratio of 3.85.

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.