St. James’s Place plc (LON:STJ) Given Average Rating of “Moderate Buy” by Brokerages

Shares of St. James’s Place plc (LON:STJ) have been assigned an average rating of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 1,721.86.

STJ has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,050 price target on shares of St. James’s Place in a report on Thursday, July 30th. Berenberg Bank raised their price objective on St. James’s Place from GBX 1,800 to GBX 1,945 and gave the stock a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. reduced their target price on St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Citigroup decreased their target price on St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating for the company in a research note on Wednesday. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 1,700 price target on shares of St. James’s Place in a report on Wednesday, July 29th.

Insider Buying and Selling at St. James’s Place

In other St. James’s Place news, insider Evelyn Bourke acquired 2,374 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was acquired at an average cost of GBX 1,053 per share, for a total transaction of £24,998.22. 1.21% of the stock is owned by company insiders.

St. James’s Place Stock Down 1.1%

St. James’s Place stock opened at GBX 1,180 on Friday. The firm has a market capitalization of £5.97 billion, a price-to-earnings ratio of 11.07, a PEG ratio of 1.10 and a beta of 1.00. The company’s 50 day simple moving average is GBX 1,157.18 and its 200 day simple moving average is GBX 1,234.43. The company has a debt-to-equity ratio of 33.04, a current ratio of 0.39 and a quick ratio of 3.85. St. James’s Place has a fifty-two week low of GBX 1,038.75 and a fifty-two week high of GBX 1,575.50.

St. James’s Place (LON:STJ) last issued its earnings results on Wednesday, July 29th. The company reported GBX 43.30 EPS for the quarter. St. James’s Place had a net margin of 1.25% and a return on equity of 37.02%. As a group, sell-side analysts anticipate that St. James’s Place will post 67.9947461 EPS for the current year.

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.