St. James’s Place (LON:STJ) Price Target Raised to GBX 1,600 at Jefferies Financial Group

St. James’s Place (LON:STJ) had its price target raised by Jefferies Financial Group from GBX 1,160 to GBX 1,600 in a research note released on Monday, MarketBeat reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also weighed in on STJ. Royal Bank Of Canada boosted their target price on shares of St. James’s Place from GBX 1,025 to GBX 1,075 and gave the stock a “sector perform” rating in a report on Monday, July 14th. Berenberg Bank boosted their target price on shares of St. James’s Place from GBX 1,300 to GBX 1,650 and gave the stock a “buy” rating in a report on Monday, August 11th. JPMorgan Chase & Co. boosted their target price on shares of St. James’s Place from GBX 1,550 to GBX 1,600 and gave the stock an “overweight” rating in a report on Monday, October 13th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of St. James’s Place from GBX 1,800 to GBX 1,900 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Finally, Citigroup boosted their target price on shares of St. James’s Place from GBX 1,400 to GBX 1,510 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,555.83.

St. James’s Place Trading Up 1.4%

Shares of St. James’s Place stock opened at GBX 1,322 on Monday. The firm has a market capitalization of £6.88 billion, a PE ratio of 14.02, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The firm’s 50 day moving average is GBX 1,278.99 and its 200 day moving average is GBX 1,154.17. St. James’s Place has a 1 year low of GBX 741.40 and a 1 year high of GBX 1,377.

St. James’s Place (LON:STJ) last announced its quarterly earnings results on Thursday, July 31st. The company reported GBX 52 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 forecast that St. James’s Place will post 67.9947461 earnings per share for the current fiscal 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.