St. James’s Place plc (LON:STJ) Stock Has Average Target Price of GBX 1,721.86

Shares of St. James’s Place plc (LON:STJ) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 1,721.86.

A number of equities analysts have issued reports on STJ shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,700 target price on shares of St. James’s Place in a research report on Wednesday, July 29th. Berenberg Bank raised their price target on shares of St. James’s Place from GBX 1,800 to GBX 1,945 and gave the stock a “buy” rating in a research report on Friday, August 7th. Citigroup decreased their price target on shares of St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,050 price target on shares of St. James’s Place in a research note on Thursday, July 30th.

Insiders Place Their Bets

In related news, insider Evelyn Bourke acquired 2,374 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was bought at an average cost of GBX 1,053 per share, with a total value of £24,998.22. Also, insider Paul Manduca bought 3,624 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The stock was bought at an average cost of GBX 1,098 per share, with a total value of £39,791.52. Insiders have acquired a total of 6,000 shares of company stock worth $6,481,224 over the last quarter. 1.22% of the stock is currently owned by insiders.

St. James’s Place Stock Performance

LON:STJ opened at GBX 1,038 on Monday. The firm has a 50-day moving average of GBX 1,123.29 and a two-hundred day moving average of GBX 1,168.08. The company has a debt-to-equity ratio of 33.04, a current ratio of 0.39 and a quick ratio of 3.85. The stock has a market cap of £5.11 billion, a P/E ratio of 9.74, a PEG ratio of 1.10 and a beta of 1.01. St. James’s Place has a 1-year low of GBX 1,011.50 and a 1-year high of GBX 1,575.50.

St. James’s Place (LON:STJ) last announced its earnings results on Wednesday, July 29th. The company reported GBX 43.30 earnings per share (EPS) for the quarter. St. James’s Place had a return on equity of 37.02% and a net margin of 1.25%. On average, research analysts expect that St. James’s Place will post 67.99 earnings per share for the current fiscal 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.