St. James’s Place plc (LON:STJ) has been assigned a consensus recommendation of “Buy” from the fourteen brokerages that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,333.82 ($18.60).
A number of equities research analysts have weighed in on the stock. Barclays reiterated an “overweight” rating on shares of St. James’s Place in a research note on Wednesday, April 11th. Peel Hunt reiterated an “add” rating and set a GBX 1,175 ($16.39) target price on shares of St. James’s Place in a research note on Tuesday. JPMorgan Chase reiterated an “overweight” rating on shares of St. James’s Place in a research note on Wednesday. Shore Capital reiterated a “buy” rating on shares of St. James’s Place in a research note on Thursday, January 25th. Finally, Numis Securities upped their price objective on St. James’s Place from GBX 1,370 ($19.11) to GBX 1,430 ($19.94) and gave the stock an “add” rating in a research note on Thursday, January 25th.
STJ stock traded down GBX 6 ($0.08) during midday trading on Wednesday, hitting GBX 1,117 ($15.58). The company’s stock had a trading volume of 1,662,862 shares, compared to its average volume of 1,790,000. St. James’s Place has a 12 month low of GBX 1,008 ($14.06) and a 12 month high of GBX 1,279.50 ($17.85).
The business also recently disclosed a dividend, which will be paid on Friday, June 1st. Stockholders of record on Thursday, April 5th will be paid a GBX 27.45 ($0.38) dividend. This represents a dividend yield of 2.43%. This is a positive change from St. James’s Place’s previous dividend of $15.41. The ex-dividend date of this dividend is Thursday, April 5th.
In other news, insider Iain Cornish bought 6,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 20th. The stock was bought at an average price of GBX 1,136 ($15.84) per share, with a total value of £73,840 ($102,984.66).
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About St. James’s Place
St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.
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