St. James’s Place (LON:STJ) Price Target Raised to GBX 1,830 at Citigroup

St. James’s Place (LON:STJ) had its price objective hoisted by equities research analysts at Citigroup from GBX 1,790 to GBX 1,830 in a note issued to investors on Tuesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price target would suggest a potential upside of 60.60% from the stock’s current price.

STJ has been the subject of several other reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 1,400 target price on shares of St. James’s Place in a report on Thursday, April 30th. Berenberg Bank restated 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. Jefferies Financial Group restated a “buy” rating and set a GBX 1,700 price target on shares of St. James’s Place in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of St. James’s Place from GBX 2,050 to GBX 2,000 and set a “buy” rating for the company in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, St. James’s Place currently has an average rating of “Moderate Buy” and an average price target of GBX 1,695.43.

St. James’s Place Stock Performance

Shares of STJ opened at GBX 1,139.50 on Tuesday. The business’s 50-day moving average price is GBX 1,194.66 and its 200 day moving average price is GBX 1,288.39. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. The stock has a market capitalization of £5.80 billion, a P/E ratio of 11.53, a P/E/G ratio of 1.10 and a beta of 1.02. St. James’s Place has a 1-year low of GBX 1,114 and a 1-year high of GBX 1,575.50.

Insider Transactions at St. James’s Place

In other St. James’s Place news, insider Penny James bought 8,418 shares of the stock in a transaction on Monday, May 11th. The shares were bought at an average price of GBX 1,182 per share, with a total value of £99,500.76. Corporate insiders own 1.21% of the company’s stock.

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.