Jefferies Financial Group Lowers St. James’s Place (LON:STJ) Price Target to GBX 1,700

St. James’s Place (LON:STJ) had its price target cut by equities researchers at Jefferies Financial Group from GBX 1,800 to GBX 1,700 in a note issued to investors on Thursday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 40.38% from the stock’s current price.

A number of other equities analysts have also issued reports on the company. Citigroup raised their price target on St. James’s Place from GBX 1,790 to GBX 1,870 and gave the stock a “buy” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. reduced their price objective on St. James’s Place from GBX 725 to GBX 625 and set a “buy” rating for the company in a research note on Wednesday, March 18th. UBS Group reaffirmed a “neutral” rating and set a GBX 1,475 price objective on shares of St. James’s Place in a research report on Friday, January 16th. Finally, Royal Bank Of Canada lifted their target price on St. James’s Place from GBX 1,350 to GBX 1,375 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,513.57.

St. James’s Place Stock Performance

STJ stock traded down GBX 25 on Thursday, hitting GBX 1,211. The company’s stock had a trading volume of 359,189,594 shares, compared to its average volume of 20,512,686. The stock has a market cap of £6.28 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of 1.10 and a beta of 1.02. The firm has a 50 day moving average of GBX 1,334.78 and a two-hundred day moving average of GBX 1,342.18. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. St. James’s Place has a 1 year low of GBX 741.40 and a 1 year high of GBX 1,575.50.

St. James’s Place (LON:STJ) last issued its quarterly earnings data on Wednesday, February 25th. The company reported GBX 99.90 earnings per share (EPS) for the quarter. St. James’s Place had a net margin of 1.76% and a return on equity of 37.33%. Equities analysts predict 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.