Barclays Increases St. James's Place plc Price Target to GBX 917 (STJ)
Research analysts at Barclays boosted their target price on shares of St. James's Place plc (LON:STJ) from GBX 871 ($14.49) to GBX 917 ($15.25) in a report released on Wednesday, AnalystRatingsNetwork reports. The firm currently has an “overweight” rating on the stock. Barclays’ price objective points to a potential upside of 6.13% from the stock’s previous close.
STJ has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of St. James's Place plc in a research note on Tuesday. They now have a GBX 890 ($14.80) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of St. James's Place plc in a research note on Tuesday. They now have a GBX 785 ($13.06) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of St. James's Place plc in a research note on Monday. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 731.76 ($12.17).
Shares of St. James's Place plc (LON:STJ) traded up 3.47% on Wednesday, hitting GBX 864.0001. The stock had a trading volume of 1,743,561 shares. St. James's Place plc has a 1-year low of GBX 473.00 and a 1-year high of GBX 871.88. The stock’s 50-day moving average is GBX 774. and its 200-day moving average is GBX 676.9. The company’s market cap is £4.383 billion.
The company also recently announced a dividend, which is scheduled for Friday, May 16th. Shareholders of record on Wednesday, April 9th will be paid a dividend of GBX 9.58 ($0.16) per share. This represents a dividend yield of 1.15%. The ex-dividend date is Wednesday, April 9th.
St. James’s Place plc is a financial services holding company, with principal interests in the provision of wealth management advice and services to the clients.
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