St. James’s Place plc (LON:STJ) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of St. James’s Place plc (LON:STJ) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,695.43.

Several research analysts have recently weighed in on the company. Citigroup boosted their price target on St. James’s Place from GBX 1,790 to GBX 1,830 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 1,400 price objective on shares of St. James’s Place in a report on Thursday, April 30th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,700 target price on shares of St. James’s Place in a research report on Wednesday, April 29th. Berenberg Bank restated a “buy” rating and set a GBX 1,800 target price on shares of St. James’s Place in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. lowered their target price on shares of St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating on the stock in a research note on Thursday, April 30th.

St. James’s Place Stock Performance

STJ stock opened at GBX 1,086 on Wednesday. The stock’s 50 day simple moving average is GBX 1,178.01 and its 200 day simple moving average is GBX 1,269.35. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. St. James’s Place has a 12-month low of GBX 1,050 and a 12-month high of GBX 1,575.50. The stock has a market capitalization of £5.53 billion, a PE ratio of 10.99, a price-to-earnings-growth ratio of 1.10 and a beta of 1.02.

Insider Buying and Selling at St. James’s Place

In related news, insider Penny James acquired 8,418 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was purchased at an average cost of GBX 1,182 per share, with a total value of £99,500.76. 1.21% of the stock is owned by insiders.

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.