St. James’s Place (OTCMKTS:STJPF) Upgraded to “Buy” at HSBC

St. James’s Place (OTCMKTS:STJPFGet Rating) was upgraded by analysts at HSBC from a “hold” rating to a “buy” rating in a report released on Tuesday, The Fly reports.

STJPF has been the topic of several other reports. Morgan Stanley upgraded St. James’s Place from an “equal weight” rating to a “buy” rating and set a $1,900.00 target price on the stock in a research note on Tuesday, February 8th. Barclays restated a “hold” rating and issued a $1,767.00 target price on shares of St. James’s Place in a research note on Monday, April 4th. Jefferies Financial Group assumed coverage on St. James’s Place in a research note on Monday, March 21st. They issued a “buy” rating on the stock. JPMorgan Chase & Co. reduced their price target on St. James’s Place from GBX 1,700 ($21.24) to GBX 1,600 ($19.99) in a research report on Friday, February 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $1,680.00 price target on shares of St. James’s Place in a research report on Thursday, March 24th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,736.75.

Shares of STJPF opened at $15.94 on Tuesday. The stock’s fifty day moving average price is $17.95 and its two-hundred day moving average price is $20.11. St. James’s Place has a 1 year low of $15.54 and a 1 year high of $23.86.

About St. James’s Place (Get Rating)

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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