JPMorgan Chase & Co. Cuts St. James’s Place (LON:STJ) Price Target to GBX 1,686

St. James’s Place (LON:STJ) had its price objective lowered by JPMorgan Chase & Co. from GBX 1,711 to GBX 1,686 in a research note released on Tuesday morning,Digital Look reports. The brokerage currently has an overweight rating on the stock.

A number of other brokerages also recently commented on STJ. UBS Group reissued a “neutral” rating and issued a GBX 1,475 price objective on shares of St. James’s Place in a research note on Friday, January 16th. Citigroup decreased their price objective on St. James’s Place from GBX 1,870 to GBX 1,810 and set a “buy” rating for the company in a research note on Thursday, April 16th. Royal Bank Of Canada raised 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, Jefferies Financial Group decreased their price target on shares of St. James’s Place from GBX 1,800 to GBX 1,700 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, St. James’s Place has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,656.57.

St. James’s Place Stock Down 1.5%

LON:STJ opened at GBX 1,278.99 on Tuesday. St. James’s Place has a 1-year low of GBX 899.80 and a 1-year high of GBX 1,575.50. The company has a 50-day moving average of GBX 1,266.01 and a 200 day moving average of GBX 1,341.73. The firm has a market cap of £6.57 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 1.10 and a beta of 1.04. The company has a debt-to-equity ratio of 36.73, a current ratio of 3.80 and a quick ratio of 3.85.

St. James’s Place (LON:STJ) last posted its earnings results on Wednesday, February 25th. The company reported GBX 99.90 EPS for the quarter. St. James’s Place had a net margin of 1.76% and a return on equity of 37.33%. As a group, research analysts anticipate that St. James’s Place will post 67.9947461 EPS for the current fiscal year.

St. James’s Place Company Profile

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.