St. James’s Place (LON:STJ) Price Target Lowered to GBX 2,000 at Deutsche Bank Aktiengesellschaft

St. James’s Place (LON:STJ) had its price objective cut by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 2,050 to GBX 2,000 in a report released on Wednesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 70.36% from the stock’s previous close.

A number of other research firms have also weighed in on STJ. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,800 price target on shares of St. James’s Place in a report on Thursday, April 30th. Citigroup dropped their target price on shares of St. James’s Place from GBX 1,810 to GBX 1,790 and set a “buy” rating on the stock in a report on Thursday, April 30th. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 1,400 price objective on shares of St. James’s Place in a research report on Thursday, April 30th. JPMorgan Chase & Co. lowered their price target on St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 1,700 price objective on shares of St. James’s Place in a report on Wednesday, April 29th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, St. James’s Place presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,689.71.

St. James’s Place Stock Performance

Shares of STJ stock opened at GBX 1,174 on Wednesday. The company has a 50 day moving average price of GBX 1,204.44 and a 200 day moving average price of GBX 1,301.76. The firm has a market capitalization of £5.97 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 1.10 and a beta of 1.00. 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 has a one year low of GBX 1,103 and a one year high of GBX 1,575.50.

Insider Buying and Selling at St. James’s Place

In other St. James’s Place news, insider Penny James acquired 8,418 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of GBX 1,182 per share, with a total value of £99,500.76. 1.21% of the stock is owned by corporate 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.