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

St. James’s Place plc (LON:STJ) has earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,721.86.

A number of equities research analysts have commented on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,700 price target on shares of St. James’s Place in a research report on Wednesday, July 29th. Berenberg Bank raised their price objective on St. James’s Place from GBX 1,800 to GBX 1,945 and gave the stock a “buy” rating in a research report on Friday, August 7th. Citigroup cut their price objective on St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated 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 Price Performance

STJ stock opened at GBX 1,127.66 on Thursday. The company has a fifty day moving average price of GBX 1,155.60 and a 200-day moving average price of GBX 1,202.32. The company has a market capitalization of £5.64 billion, a P/E ratio of 10.58, a PEG ratio of 1.10 and a beta of 1.01. St. James’s Place has a 52-week low of GBX 1,038.75 and a 52-week high of GBX 1,575.50. The company has a debt-to-equity ratio of 33.04, a quick ratio of 3.85 and a current ratio of 0.39.

St. James’s Place (LON:STJ) last issued its quarterly earnings data on Wednesday, July 29th. The company reported GBX 43.30 earnings per share for the quarter. St. James’s Place had a net margin of 1.25% and a return on equity of 37.02%. As a group, equities analysts expect that St. James’s Place will post 67.9947461 EPS for the current year.

Insider Activity

In other news, insider Evelyn Bourke acquired 2,374 shares of St. James’s Place stock in a transaction dated Friday, July 31st. The shares were bought at an average cost of GBX 1,053 per share, with a total value of £24,998.22. Company insiders own 1.22% 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.