St. James’s Place (LON:STJ) Price Target Raised to GBX 1,726

St. James’s Place (LON:STJ) had its price target hoisted by JPMorgan Chase & Co. from GBX 1,725 to GBX 1,726 in a research report sent to investors on Wednesday, Marketbeat.com reports. The brokerage currently has an overweight rating on the stock.

A number of other research firms have also recently weighed in on STJ. Jefferies Financial Group lifted their target price on shares of St. James’s Place from GBX 1,160 to GBX 1,600 and gave the company a “buy” rating in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft raised 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 report on Thursday, October 2nd. UBS Group restated a “neutral” rating and issued a GBX 1,475 price objective on shares of St. James’s Place in a research report on Friday, January 16th. Finally, Citigroup increased their target price on St. James’s Place from GBX 1,590 to GBX 1,790 and gave the stock a “buy” rating in a research report on Friday, January 16th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 1,641.57.

St. James’s Place Price Performance

Shares of LON:STJ opened at GBX 1,498.95 on Wednesday. The company has a market capitalization of £7.79 billion, a P/E ratio of 15.90, a P/E/G ratio of 1.10 and a beta of 1.23. St. James’s Place has a 1-year low of GBX 741.40 and a 1-year high of GBX 1,538.50. The firm’s 50 day simple moving average is GBX 1,389.14 and its two-hundred day simple moving average is GBX 1,316.03. The company has a debt-to-equity ratio of 55.10, a current ratio of 0.60 and a quick ratio of 3.85.

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.