St. James’s Place (LON:STJ) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

St. James’s Place (LON:STJ) had its price target hoisted by analysts at Royal Bank Of Canada from GBX 1,300 to GBX 1,350 in a research report issued to clients and investors on Friday, MarketBeat reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target points to a potential downside of 10.33% from the company’s current price.

STJ has been the subject of several other reports. JPMorgan Chase & Co. boosted their target price on St. James’s Place from GBX 1,725 to GBX 1,726 and gave the stock an “overweight” rating in a report on Wednesday. Jefferies Financial Group raised their target price on shares of St. James’s Place from GBX 1,160 to GBX 1,600 and gave the company a “buy” rating in a research note on Monday, October 20th. UBS Group restated a “neutral” rating and set a GBX 1,475 price target on shares of St. James’s Place in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft lifted their price objective on St. James’s Place from GBX 1,800 to GBX 1,900 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Finally, Citigroup boosted their price objective on St. James’s Place from GBX 1,590 to GBX 1,790 and gave the stock a “buy” rating in a research report on Friday, January 16th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, St. James’s Place presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,641.57.

St. James’s Place Stock Performance

Shares of STJ opened at GBX 1,505.50 on Friday. 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 has a 12 month low of GBX 741.40 and a 12 month high of GBX 1,538.50. The company’s fifty day moving average is GBX 1,385.15 and its 200-day moving average is GBX 1,313.76. The firm has a market cap of £7.83 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23.

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.