St. James's Place plc’s “Buy” Rating Reiterated at Berenberg Bank (STJ)
St. James's Place plc (LON:STJ)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report issued on Wednesday. They currently have a GBX 860 ($14.27) price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 18.70% from the stock’s previous close.
A number of other firms have also recently commented on STJ. Analysts at Credit Suisse raised their price target on shares of St. James's Place plc from GBX 785 ($13.03) to GBX 830 ($13.77) in a research note on Friday, August 15th. They now have a “neutral” rating on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of St. James's Place plc in a research note on Wednesday, August 6th. They now have a GBX 977 ($16.21) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of St. James's Place plc in a research note on Tuesday, August 5th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. St. James's Place plc presently has an average rating of “Buy” and an average target price of GBX 900.09 ($14.94).
Shares of St. James's Place plc (LON:STJ) traded down 0.62% during mid-day trading on Wednesday, hitting GBX 720.00. 1,443,176 shares of the company’s stock traded hands. St. James's Place plc has a 52-week low of GBX 595.50 and a 52-week high of GBX 908.50. The stock’s 50-day moving average is GBX 742.3 and its 200-day moving average is GBX 783.6. The company’s market cap is £3.694 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, September 24th. Investors 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.
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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