St. James’s Place (OTCMKTS:STJPF) Downgraded to Hold at HSBC

HSBC lowered shares of St. James’s Place (OTCMKTS:STJPF – Get Rating) from a buy rating to a hold rating in a research note published on Tuesday morning, The Fly reports.

Several other research analysts also recently issued reports on STJPF. Barclays lowered their price objective on St. James’s Place from GBX 1,673 ($20.71) to GBX 1,549 ($19.18) in a research note on Tuesday, November 22nd. JPMorgan Chase & Co. raised their price objective on St. James’s Place from GBX 1,020 ($12.63) to GBX 1,153 ($14.28) in a research note on Tuesday, January 17th. Keefe, Bruyette & Woods upgraded shares of St. James’s Place from a market perform rating to an outperform rating in a report on Thursday, November 10th. Deutsche Bank Aktiengesellschaft downgraded St. James’s Place from a buy rating to a hold rating in a report on Tuesday, January 10th. Finally, Royal Bank of Canada raised St. James’s Place from a sector perform rating to an outperform rating in a report on Thursday, November 10th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average target price of $1,493.14.

St. James’s Place Stock Performance

Shares of St. James’s Place stock opened at $14.07 on Tuesday. The firm’s 50-day moving average price is $13.28 and its two-hundred day moving average price is $12.96. St. James’s Place has a 12-month low of $9.60 and a 12-month high of $22.67.

St. James’s Place Company Profile

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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.