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

St. James’s Place plc (LON:STJ) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 1,641.57.

Several equities analysts recently weighed in on STJ shares. JPMorgan Chase & Co. increased their price target on shares of St. James’s Place from GBX 1,725 to GBX 1,726 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft raised their price target on shares of St. James’s Place from GBX 1,800 to GBX 1,900 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. UBS Group reiterated 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 increased their price objective on St. James’s Place from GBX 1,590 to GBX 1,790 and gave the company a “buy” rating in a report on Friday, January 16th. Finally, Royal Bank Of Canada boosted their target price on St. James’s Place from GBX 1,300 to GBX 1,350 and gave the company a “sector perform” rating in a research note on Friday, January 23rd.

St. James’s Place Stock Performance

Shares of St. James’s Place stock opened at GBX 1,495 on Wednesday. The firm has a market capitalization of £7.77 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The business’s fifty day simple moving average is GBX 1,396.34 and its 200 day simple moving average is GBX 1,321.48. St. James’s Place has a 12 month low of GBX 741.40 and a 12 month high of GBX 1,538.50.

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.