Brokerages Set St. James’s Place plc (LON:STJ) Target Price at GBX 1,555.83

St. James’s Place plc (LON:STJ) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 1,555.83.

Several equities research analysts have issued reports on STJ shares. JPMorgan Chase & Co. increased their price target on 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. Jefferies Financial Group increased their price target on St. James’s Place from GBX 1,160 to GBX 1,600 and gave the stock a “buy” rating in a report on Monday. Berenberg Bank increased their price target on 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. Royal Bank Of Canada increased their price target on 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. Finally, Deutsche Bank Aktiengesellschaft increased their price target on 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.

St. James’s Place Trading Up 2.0%

LON:STJ opened at GBX 1,357.17 on Monday. St. James’s Place has a 1-year low of GBX 741.40 and a 1-year high of GBX 1,377. The business’s 50-day moving average price is GBX 1,280.70 and its two-hundred day moving average price is GBX 1,156.72. 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 has a market capitalization of £7.06 billion, a price-to-earnings ratio of 14.39, a PEG ratio of 1.10 and a beta of 1.23.

St. James’s Place (LON:STJ) last released its earnings results on Thursday, July 31st. The company reported GBX 52 earnings per share for the quarter. St. James’s Place had a negative return on equity of 0.63% and a negative net margin of 0.02%. On average, equities analysts expect that St. James’s Place will post 67.9947461 earnings per share for the current year.

About St. James’s Place

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.