The Goldman Sachs Group Begins Coverage on St. James’s Place (OTCMKTS:STJPF)

Analysts at The Goldman Sachs Group started coverage on shares of St. James’s Place (OTCMKTS:STJPF – Get Rating) in a report released on Monday, The Fly reports. The firm set a “buy” rating on the stock.

Other equities research analysts have also issued research reports about the stock. Morgan Stanley raised shares of St. James’s Place from an “equal weight” rating to a “buy” rating and set a $1,900.00 price objective for the company in a research report on Tuesday, February 8th. JPMorgan Chase & Co. lowered their price target on shares of St. James’s Place from GBX 1,700 ($21.39) to GBX 1,600 ($20.13) in a report on Friday, February 25th. HSBC raised shares of St. James’s Place from a “hold” rating to a “buy” rating and set a $1,600.00 price target for the company in a report on Tuesday, May 3rd. Barclays reaffirmed a “hold” rating and set a $1,767.00 price target on shares of St. James’s Place in a report on Monday, April 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,680.00 price target on shares of St. James’s Place in a report on Thursday, March 24th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $1,709.40.

Shares of St. James’s Place stock traded up $0.10 during trading hours on Monday, hitting $15.57. The company’s stock had a trading volume of 400 shares, compared to its average volume of 2,491. St. James’s Place has a 1-year low of $14.43 and a 1-year high of $23.86. The business has a fifty day moving average of $17.07 and a 200 day moving average of $19.32.

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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