J P Morgan Chase & Co Reaffirms “Overweight” Rating for St. James's Place plc (STJ)
St. James's Place plc (LON:STJ)‘s stock had its “overweight” rating reiterated by equities research analysts at J P Morgan Chase & Co in a report released on Thursday, MarketBeat Ratings reports. They currently have a GBX 1,288 ($16.93) price target on the stock. J P Morgan Chase & Co’s price target suggests a potential upside of 9.43% from the stock’s previous close.
STJ has been the subject of several other research reports. Barclays PLC boosted their price target on St. James's Place plc from GBX 1,198 ($15.75) to GBX 1,256 ($16.51) and gave the stock an “overweight” rating in a research note on Monday, September 11th. Shore Capital reaffirmed a “buy” rating on shares of St. James's Place plc in a report on Thursday, July 27th. Macquarie reaffirmed an “outperform” rating and issued a GBX 1,388 ($18.25) price objective on shares of St. James's Place plc in a report on Wednesday, August 9th. Deutsche Bank AG lifted their price objective on St. James's Place plc from GBX 1,100 ($14.46) to GBX 1,260 ($16.57) and gave the stock a “hold” rating in a report on Friday, July 28th. Finally, Goldman Sachs Group, Inc. (The) boosted their price target on St. James's Place plc from GBX 1,265 ($16.63) to GBX 1,275 ($16.76) and gave the company a “buy” rating in a report on Tuesday, July 4th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 1,227.38 ($16.14).
Shares of St. James's Place plc (STJ) traded up 0.09% during trading on Thursday, hitting GBX 1177.00. The stock had a trading volume of 1,167,784 shares. The stock’s market capitalization is GBX 6.23 billion. The firm has a 50 day moving average price of GBX 1,137.49 and a 200-day moving average price of GBX 1,157.58. St. James's Place plc has a 52 week low of GBX 896.00 and a 52 week high of GBX 1,245.00.
In other news, insider Roger Yates acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were bought at an average price of GBX 1,218 ($16.01) per share, with a total value of £121,800 ($160,136.73).
St. James's Place plc Company Profile
St. James’s Place plc is a United Kingdom-based company, which provides wealth management advice, investment management and related services to businesses and individuals across the United Kingdom. The Company’s segments include Life business, Unit Trust business, Distribution business and Other. The Company’s Life business segment offers pensions, protection and investment products through its life assurance subsidiaries.
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