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

St. James’s Place (LON:STJ) had its price target increased by JPMorgan Chase & Co. from GBX 1,550 to GBX 1,600 in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage currently has an overweight rating on the stock.

A number of other analysts have also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised 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 report on Thursday, October 2nd. Citigroup increased their target price on shares of St. James’s Place from GBX 1,400 to GBX 1,510 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Royal Bank Of Canada boosted their price target on shares of St. James’s Place from GBX 1,025 to GBX 1,075 and gave the company a “sector perform” rating in a research report on Monday, July 14th. Finally, Berenberg Bank boosted their price target on shares of St. James’s Place from GBX 1,300 to GBX 1,650 and gave the company a “buy” rating in a research report on Monday, August 11th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,547.

St. James’s Place Trading Down 0.5%

LON STJ opened at GBX 1,350.50 on Monday. The business has a 50 day simple moving average of GBX 1,277.61 and a 200 day simple moving average of GBX 1,142.83. St. James’s Place has a one year low of GBX 741.40 and a one year high of GBX 1,377. The stock has a market capitalization of £7.03 billion, a P/E ratio of 1,432.13, a P/E/G ratio of 1.10 and a beta of 1.23. The company has a debt-to-equity ratio of 55.10, a current ratio of 0.60 and a quick ratio of 3.85.

St. James’s Place (LON:STJ) last released 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%. Research analysts expect that St. James’s Place will post 67.9947461 earnings per share for the current year.

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.