JPMorgan Chase & Co. Issues Pessimistic Forecast for St. James’s Place (LON:STJ) Stock Price

St. James’s Place (LON:STJ) had its price target reduced by equities researchers at JPMorgan Chase & Co. from GBX 725 to GBX 625 in a note issued to investors on Wednesday, MarketBeat reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential downside of 49.52% from the stock’s current price.

STJ has been the topic of a number of other reports. UBS Group reaffirmed a “neutral” rating and issued a GBX 1,475 price target on shares of St. James’s Place in a research note on Friday, January 16th. Royal Bank Of Canada lifted their price objective on St. James’s Place from GBX 1,350 to GBX 1,375 and gave the company a “sector perform” rating in a research report on Monday, February 2nd. Finally, Citigroup boosted their target price on St. James’s Place from GBX 1,790 to GBX 1,870 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,499.29.

St. James’s Place Stock Performance

Shares of STJ opened at GBX 1,238 on Wednesday. The company’s 50 day moving average price is GBX 1,382.80 and its 200 day moving average price is GBX 1,343.42. St. James’s Place has a 52 week low of GBX 741.40 and a 52 week high of GBX 1,575.50. The company has a market capitalization of £6.42 billion, a PE ratio of 12.53, a PEG ratio of 1.10 and a beta of 1.02. The company has a debt-to-equity ratio of 36.73, a quick ratio of 3.85 and a current ratio of 3.80.

St. James’s Place (LON:STJ) last released its quarterly earnings data on Wednesday, February 25th. The company reported GBX 99.90 earnings per share for the quarter. St. James’s Place had a net margin of 1.76% and a return on equity of 37.33%. Research analysts expect that St. James’s Place will post 67.9947461 EPS for the current fiscal year.

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.