St. James’s Place (LON:STJ) Given New GBX 1,350 Price Target at Royal Bank Of Canada

St. James’s Place (LON:STJ) had its price objective lifted by Royal Bank Of Canada from GBX 1,300 to GBX 1,350 in a research report released on Friday morning, Marketbeat Ratings reports. The firm currently has a sector perform rating on the stock.

Several other brokerages have also commented on STJ. Citigroup raised 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 report on Friday, January 16th. Jefferies Financial Group boosted their price target 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. Deutsche Bank Aktiengesellschaft increased their price objective on shares of St. James’s Place from GBX 1,800 to GBX 1,900 and gave the company a “buy” rating in a report on Thursday, October 2nd. UBS Group reissued a “neutral” rating and set a GBX 1,475 target price on shares of St. James’s Place in a research note on Friday, January 16th. Finally, JPMorgan Chase & Co. raised their price target on shares of St. James’s Place from GBX 1,725 to GBX 1,726 and gave the company an “overweight” rating in a research note on Wednesday. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,641.57.

St. James’s Place Price Performance

LON:STJ opened at GBX 1,498.95 on Friday. The company has a quick ratio of 3.85, a current ratio of 0.60 and a debt-to-equity ratio of 55.10. St. James’s Place has a 52 week low of GBX 741.40 and a 52 week high of GBX 1,538.50. The stock’s 50-day moving average price is GBX 1,389.14 and its 200-day moving average price is GBX 1,316.03. The stock has a market capitalization of £7.79 billion, a PE ratio of 15.90, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23.

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.