St. James’s Place (STJ) Price Target Raised to GBX 1,610 at Berenberg Bank
St. James’s Place (LON:STJ) had its target price raised by equities researchers at Berenberg Bank from GBX 1,580 ($20.58) to GBX 1,610 ($20.97) in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 41.66% from the company’s current price.
A number of other research analysts have also recently issued reports on the stock. Barclays lifted their price target on shares of St. James’s Place from GBX 1,379 ($17.96) to GBX 1,387 ($18.07) and gave the company an “overweight” rating in a research report on Wednesday, July 18th. Numis Securities reissued a “buy” rating and set a GBX 1,583 ($20.62) price target on shares of St. James’s Place in a research report on Wednesday, August 1st. Peel Hunt lifted their price target on shares of St. James’s Place from GBX 1,175 ($15.31) to GBX 1,350 ($17.58) and gave the company an “add” rating in a research report on Wednesday, August 1st. Finally, UBS Group reissued a “neutral” rating and set a GBX 1,160 ($15.11) price target (down from GBX 1,180 ($15.37)) on shares of St. James’s Place in a research report on Thursday, August 2nd. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,404.22 ($18.29).
Shares of STJ opened at GBX 1,136.50 ($14.80) on Wednesday. St. James’s Place has a 1-year low of GBX 1,008 ($13.13) and a 1-year high of GBX 1,279.50 ($16.67).
St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.
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