Analysts Set St. James’s Place plc (LON:STJ) Price Target at GBX 1,721.86

Shares of St. James’s Place plc (LON:STJ) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,721.86.

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 2,050 price objective on shares of St. James’s Place in a research report on Thursday, July 30th. Citigroup cut their target price on St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,700 price target on shares of St. James’s Place in a report on Wednesday, July 29th. Berenberg Bank boosted their price target on shares of St. James’s Place from GBX 1,800 to GBX 1,945 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 1,400 price target on shares of St. James’s Place in a research report on Thursday, April 30th.

St. James’s Place Stock Performance

LON:STJ opened at GBX 1,188 on Friday. The company has a market cap of £6.01 billion, a P/E ratio of 11.14, a P/E/G ratio of 1.10 and a beta of 1.00. St. James’s Place has a twelve month low of GBX 1,038.75 and a twelve month high of GBX 1,575.50. The company’s 50-day moving average price is GBX 1,158.69 and its 200-day moving average price is GBX 1,223.07. The company has a current ratio of 0.39, a quick ratio of 3.85 and a debt-to-equity ratio of 33.04.

St. James’s Place (LON:STJ) last released 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%. On average, sell-side analysts forecast that St. James’s Place will post 67.9947461 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Evelyn Bourke bought 2,374 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were bought at an average cost of GBX 1,053 per share, for a total transaction 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.