JPMorgan Chase & Co. Raises St. James’s Place (LON:STJ) Price Target to GBX 1,550

St. James’s Place (LON:STJ) had its target price increased by equities researchers at JPMorgan Chase & Co. from GBX 1,410 ($18.96) to GBX 1,550 ($20.85) in a report released on Thursday, Marketbeat Ratings reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 19.50% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on STJ. Citigroup upped their price objective on shares of St. James’s Place from GBX 1,210 ($16.27) to GBX 1,400 ($18.83) and gave the company a “buy” rating in a research note on Thursday, July 10th. Royal Bank Of Canada upped their price objective on shares of St. James’s Place from GBX 1,025 ($13.79) to GBX 1,075 ($14.46) and gave the company a “sector perform” rating in a research note on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of St. James’s Place from GBX 1,200 ($16.14) to GBX 1,750 ($23.54) and gave the company a “buy” rating in a report on Monday, July 28th.

St. James’s Place Price Performance

Shares of St. James’s Place stock opened at GBX 1,297.12 ($17.45) on Thursday. St. James’s Place has a 52-week low of GBX 682.50 ($9.18) and a 52-week high of GBX 1,366.50 ($18.38). The stock has a market capitalization of £7.01 billion, a price-to-earnings ratio of -1,087.17, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The company has a fifty day moving average of GBX 1,176.96 and a 200-day moving average of GBX 1,066.40. The company has a debt-to-equity ratio of 55.10, a quick ratio of 3.85 and a current ratio of 0.60.

St. James’s Place (LON:STJ) last announced its quarterly earnings data on Thursday, July 31st. The company reported GBX 52 ($0.70) earnings per share (EPS) for the quarter. St. James’s Place had a negative net margin of 0.02% and a negative return on equity of 0.63%. Equities research analysts expect that St. James’s Place will post 67.9947461 EPS for the current year.

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.