Brokerages Set St. James’s Place plc (LON:STJ) Price Target at GBX 1,499.29

Shares of St. James’s Place plc (LON:STJ) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,499.29.

STJ has been the topic of several recent research reports. JPMorgan Chase & Co. lowered their price objective on St. James’s Place from GBX 725 to GBX 625 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Royal Bank Of Canada upped their price target on shares of St. James’s Place from GBX 1,350 to GBX 1,375 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. UBS Group reaffirmed a “neutral” rating and set a GBX 1,475 price target on shares of St. James’s Place in a research report on Friday, January 16th. Finally, Citigroup lifted their price objective on shares of St. James’s Place from GBX 1,790 to GBX 1,870 and gave the stock a “buy” rating in a research note on Wednesday, March 4th.

St. James’s Place Price Performance

Shares of LON STJ opened at GBX 1,191 on Thursday. The firm has a market cap of £6.18 billion, a P/E ratio of 12.05, a price-to-earnings-growth ratio of 1.10 and a beta of 1.02. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. St. James’s Place has a 1-year low of GBX 741.40 and a 1-year high of GBX 1,575.50. The business’s 50 day moving average is GBX 1,364.20 and its 200-day moving average is GBX 1,343.94.

St. James’s Place (LON:STJ) last released its quarterly earnings results on Wednesday, February 25th. The company reported GBX 99.90 earnings per share (EPS) for the quarter. St. James’s Place had a return on equity of 37.33% and a net margin of 1.76%. Equities research analysts predict 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.