Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for St. James’s Place (LON:STJ) Stock

St. James’s Place (LON:STJ) had its price objective lifted by Deutsche Bank Aktiengesellschaft from GBX 1,200 ($15.91) to GBX 1,750 ($23.20) in a research report released on Monday morning, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

STJ has been the topic of several other reports. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,410 ($18.70) price objective on shares of St. James’s Place in a report on Tuesday, July 8th. Royal Bank Of Canada increased their price target on shares of St. James’s Place from GBX 1,025 ($13.59) to GBX 1,075 ($14.25) and gave the stock a “sector perform” rating in a research note on Monday, July 14th. Finally, Citigroup upped their price objective on St. James’s Place from GBX 1,210 ($16.04) to GBX 1,400 ($18.56) and gave the stock a “buy” rating in a report on Thursday, July 10th.

St. James’s Place Stock Performance

LON:STJ opened at GBX 1,169.50 ($15.51) on Monday. The company has a debt-to-equity ratio of 55.10, a current ratio of 0.60 and a quick ratio of 3.85. The firm has a market cap of £6.32 billion, a PE ratio of -980.21, a P/E/G ratio of 1.10 and a beta of 1.23. The firm has a 50 day simple moving average of GBX 1,144.78 and a 200-day simple moving average of GBX 1,043.89. St. James’s Place has a 1-year low of GBX 647.86 ($8.59) and a 1-year high of GBX 1,245.50 ($16.51).

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.