St. James’s Place (LON:STJ) Rating Reiterated by Barclays

Barclays reaffirmed their equal weight rating on shares of St. James’s Place (LON:STJ – Get Rating) in a research report sent to investors on Monday morning, MarketBeat.com reports. Barclays currently has a GBX 1,767 ($22.23) price target on the stock.

Several other analysts have also issued reports on the stock. Berenberg Bank reiterated a buy rating and set a GBX 1,750 ($22.02) price target on shares of St. James’s Place in a research report on Tuesday, May 17th. Deutsche Bank Aktiengesellschaft increased their price target on shares of St. James’s Place from GBX 1,610 ($20.26) to GBX 1,680 ($21.14) and gave the stock a buy rating in a research report on Thursday, March 24th. JPMorgan Chase & Co. reduced their price target on shares of St. James’s Place from GBX 1,700 ($21.39) to GBX 1,600 ($20.13) and set a neutral rating on the stock in a research report on Friday, February 25th. Citigroup reiterated a neutral rating and set a GBX 1,680 ($21.14) price target on shares of St. James’s Place in a research report on Wednesday, January 26th. Finally, Shore Capital restated an under review rating on shares of St. James’s Place in a research report on Thursday, January 27th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of Hold and an average price target of GBX 1,700.29 ($21.40).

Shares of STJ opened at GBX 1,255 ($15.79) on Monday. St. James’s Place has a 12 month low of GBX 1,156.50 ($14.55) and a 12 month high of GBX 1,742.50 ($21.93). The firm’s 50 day moving average is GBX 1,341.70 and its 200-day moving average is GBX 1,472.48. The stock has a market capitalization of £6.81 billion and a PE ratio of 23.90. The company has a current ratio of 1.52, a quick ratio of 1.20 and a debt-to-equity ratio of 59.31.

In other St. James’s Place news, insider Andrew Croft purchased 134 shares of the business’s stock in a transaction dated Friday, March 25th. The shares were bought at an average price of GBX 1,464 ($18.42) per share, for a total transaction of £1,961.76 ($2,468.55). Also, insider Ian Gascoigne sold 29,722 shares of St. James’s Place stock in a transaction on Thursday, March 3rd. The stock was sold at an average price of GBX 1,280 ($16.11), for a total transaction of £380,441.60 ($478,723.54).

St. James’s Place Company Profile (Get Rating)

St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.

Further Reading