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Analysts at Deutsche Bank lowered their price objective on shares of St. James's Place plc (LON:STJ) from GBX 950 ($16.13) to GBX 925 ($15.71) in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 28.92% from the stock’s previous close.

Shares of St. James's Place plc (LON:STJ) opened at 717.50 on Wednesday. St. James's Place plc has a 52-week low of GBX 583.50 and a 52-week high of GBX 908.50. The stock’s 50-day moving average is GBX 765.1 and its 200-day moving average is GBX 789.6. The company’s market cap is £3.681 billion.

The company also recently declared a dividend, which is scheduled for Wednesday, September 24th. Stockholders of record on Wednesday, August 27th will be given a dividend of GBX 8.93 ($0.15) per share. This represents a yield of 1.16%. The ex-dividend date of this dividend is Wednesday, August 27th.

Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank reiterated a “buy” rating on shares of St. James's Place plc in a research note on Tuesday, July 29th. They now have a GBX 860 ($14.60) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of St. James's Place plc in a research note on Tuesday, July 29th. They now have a GBX 875 ($14.86) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of St. James's Place plc in a research note on Monday, July 28th. They now have a GBX 977 ($16.59) price target on the stock. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. St. James's Place plc presently has an average rating of “Buy” and an average price target of GBX 872.17 ($14.81).

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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