St. James’s Place (LON:STJ) Price Target Raised to GBX 1,620 at JPMorgan Chase & Co.

St. James’s Place (LON:STJ) had its price target increased by JPMorgan Chase & Co. from GBX 1,600 to GBX 1,620 in a report published on Tuesday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Other equities analysts also recently issued research reports about the stock. Berenberg Bank lifted 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 research note on Monday, August 11th. Jefferies Financial Group raised their price objective on shares of St. James’s Place from GBX 1,160 to GBX 1,600 and gave the stock a “buy” rating in a report on Monday, October 20th. Royal Bank Of Canada increased their target price on St. James’s Place from GBX 1,025 to GBX 1,075 and gave the stock a “sector perform” rating in a research report on Monday, July 14th. Deutsche Bank Aktiengesellschaft increased their target price on St. James’s Place from GBX 1,800 to GBX 1,900 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Finally, Citigroup increased their target price on St. James’s Place from GBX 1,400 to GBX 1,510 and gave the stock a “buy” rating in a research 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,559.17.

St. James’s Place Price Performance

Shares of LON STJ opened at GBX 1,352.50 on Tuesday. The stock has a fifty day simple moving average of GBX 1,284.19 and a two-hundred day simple moving average of GBX 1,176.27. St. James’s Place has a 1-year low of GBX 741.40 and a 1-year high of GBX 1,378.50. The firm has a market cap of £7.04 billion, a price-to-earnings ratio of 14.34, 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.

St. James’s Place (LON:STJ) last issued its quarterly earnings results on Thursday, July 31st. The company reported GBX 52 EPS for the quarter. St. James’s Place had a negative return on equity of 0.63% and a negative net margin of 0.02%. Analysts anticipate that St. James’s Place will post 67.9947461 earnings per share 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.