St. James’s Place plc (LON:STJ) Given Consensus Recommendation of “Moderate Buy” by Analysts

St. James’s Place plc (LON:STJ) has been assigned an average rating of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 1,695.43.

STJ has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of St. James’s Place from GBX 2,050 to GBX 2,000 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Citigroup upped their target price on shares of St. James’s Place from GBX 1,790 to GBX 1,830 and gave the company a “buy” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. reduced their price target on shares of St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,700 price target on shares of St. James’s Place in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 1,400 price objective on shares of St. James’s Place in a report on Thursday, April 30th.

Insider Buying and Selling

In other news, insider Penny James bought 8,418 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was bought at an average price of GBX 1,182 per share, for a total transaction of £99,500.76. 1.21% of the stock is currently owned by corporate insiders.

St. James’s Place Stock Down 0.8%

STJ stock opened at GBX 1,058.50 on Wednesday. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. The firm has a 50 day simple moving average of GBX 1,183.66 and a 200-day simple moving average of GBX 1,276.72. The company has a market capitalization of £5.39 billion, a P/E ratio of 10.71, a PEG ratio of 1.10 and a beta of 1.02. St. James’s Place has a twelve month low of GBX 1,050 and a twelve month high of GBX 1,575.50.

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.