St. James’s Place (LON:STJ) Price Target Raised to GBX 1,790

St. James’s Place (LON:STJ) had its price objective upped by Citigroup from GBX 1,590 to GBX 1,790 in a research note issued to investors on Friday, Marketbeat.com reports. Citigroup currently has a buy rating on the stock.

A number of other equities research analysts have also commented on the company. Jefferies Financial Group increased their price target on St. James’s Place from GBX 1,160 to GBX 1,600 and gave the company a “buy” rating in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft raised their price target on shares of St. James’s Place from GBX 1,800 to GBX 1,900 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of St. James’s Place from GBX 1,600 to GBX 1,620 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, St. James’s Place has an average rating of “Moderate Buy” and a consensus target price of GBX 1,587.14.

St. James’s Place Stock Performance

LON:STJ opened at GBX 1,515.50 on Friday. The company has a quick ratio of 3.85, a current ratio of 0.60 and a debt-to-equity ratio of 55.10. St. James’s Place has a twelve month low of GBX 741.40 and a twelve month high of GBX 1,538.50. The company has a fifty day moving average of GBX 1,375.15 and a 200-day moving average of GBX 1,307.40. The firm has a market capitalization of £7.88 billion, a P/E ratio of 16.07, a P/E/G ratio of 1.10 and a beta of 1.23.

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.