St. James’s Place plc (LON:STJ) Stock Has Average Price Target of GBX 1,721.86 According to Brokerages

Shares of St. James’s Place plc (LON:STJ) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 1,721.86.

A number of brokerages recently issued reports on STJ. Jefferies Financial Group restated a “buy” rating and set a GBX 1,700 price objective on shares of St. James’s Place in a report on Wednesday, July 29th. Citigroup reduced their target price on shares of St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating for the company in a report on Wednesday, August 12th. Berenberg Bank raised their price target on St. James’s Place from GBX 1,800 to GBX 1,945 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,050 target price on shares of St. James’s Place in a report on Thursday, July 30th.

St. James’s Place Trading Up 1.7%

Shares of STJ opened at GBX 1,037.50 on Monday. St. James’s Place has a 52-week low of GBX 1,011.50 and a 52-week high of GBX 1,575.50. The stock has a fifty day moving average price of GBX 1,123.29 and a two-hundred day moving average price of GBX 1,168.48. The company has a debt-to-equity ratio of 33.04, a quick ratio of 3.85 and a current ratio of 0.39. The company has a market cap of £5.11 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 1.10 and a beta of 1.01.

St. James’s Place (LON:STJ) last announced its quarterly earnings data on Wednesday, July 29th. The company reported GBX 43.30 EPS for the quarter. St. James’s Place had a return on equity of 37.02% and a net margin of 1.25%. Analysts predict that St. James’s Place will post 67.99 EPS for the current fiscal year.

Insider Activity at St. James’s Place

In related news, insider Evelyn Bourke acquired 2,374 shares of the stock in a transaction on Friday, July 31st. The shares were purchased at an average price of GBX 1,053 per share, for a total transaction of £24,998.22. Also, insider Paul Manduca purchased 3,624 shares of St. James’s Place stock in a transaction that occurred on Wednesday, September 23rd. The shares were purchased at an average price of GBX 1,098 per share, for a total transaction of £39,791.52. Insiders bought 6,000 shares of company stock worth $6,481,224 in the last ninety days. 1.22% of the stock is owned by company insiders.

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.