JPMorgan Chase & Co. Issues Positive Forecast for St. James’s Place (LON:STJ) Stock Price

St. James’s Place (LON:STJ) had its price objective upped by JPMorgan Chase & Co. from GBX 1,725 to GBX 1,726 in a report published on Wednesday morning, Marketbeat Ratings reports. They currently have an overweight rating on the stock.

A number of other equities research analysts also recently commented on STJ. Citigroup increased their price objective on St. James’s Place from GBX 1,590 to GBX 1,790 and gave the company a “buy” rating in a research report on Friday, January 16th. UBS Group reaffirmed a “neutral” rating and set a GBX 1,475 target price on shares of St. James’s Place in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft increased their price target on St. James’s Place from GBX 1,800 to GBX 1,900 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Finally, Jefferies Financial Group boosted their price objective 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, October 20th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, St. James’s Place currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,602.29.

St. James’s Place Trading Up 0.2%

Shares of STJ opened at GBX 1,448.50 on Wednesday. The company has a market capitalization of £7.53 billion, a P/E ratio of 15.36, a P/E/G ratio of 1.10 and a beta of 1.23. St. James’s Place has a one year low of GBX 741.40 and a one year high of GBX 1,538.50. The company has a debt-to-equity ratio of 55.10, a quick ratio of 3.85 and a current ratio of 0.60. The stock has a 50-day moving average price of GBX 1,381.92 and a 200 day moving average price of GBX 1,312.38.

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.