St. James’s Place (LON:STJ) Price Target Raised to GBX 1,600

St. James’s Place (LON:STJ) had its target price hoisted by Jefferies Financial Group from GBX 1,160 to GBX 1,600 in a research note issued to investors on Monday, Marketbeat Ratings reports. Jefferies Financial Group currently has a buy rating on the stock.

A number of other brokerages also recently weighed in on STJ. Deutsche Bank Aktiengesellschaft upped their price objective on shares of St. James’s Place from GBX 1,800 to GBX 1,900 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Citigroup raised their price objective on St. James’s Place from GBX 1,400 to GBX 1,510 and gave the company a “buy” rating in a report on Wednesday, October 8th. Royal Bank Of Canada raised their price objective on St. James’s Place from GBX 1,025 to GBX 1,075 and gave the company a “sector perform” rating in a report on Monday, July 14th. Berenberg Bank raised their price objective on St. James’s Place from GBX 1,300 to GBX 1,650 and gave the company a “buy” rating in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. raised their price objective on St. James’s Place from GBX 1,550 to GBX 1,600 and gave the company an “overweight” rating in a report on Monday, October 13th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, St. James’s Place presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,555.83.

St. James’s Place Stock Down 2.3%

St. James’s Place stock opened at GBX 1,322.15 on Monday. The firm has a market cap of £6.88 billion, a price-to-earnings ratio of 14.02, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. St. James’s Place has a 52 week low of GBX 741.40 and a 52 week high of GBX 1,377. The business’s 50-day moving average price is GBX 1,280.70 and its 200 day moving average price is GBX 1,156.72. The company has a quick ratio of 3.85, a current ratio of 0.60 and a debt-to-equity ratio of 55.10.

St. James’s Place (LON:STJ) last posted its earnings results on Thursday, July 31st. The company reported GBX 52 EPS for the quarter. St. James’s Place had a negative return on equity of 0.63% and a negative net margin of 0.02%. As a group, sell-side analysts anticipate that St. James’s Place will post 67.9947461 earnings per share for the current year.

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.