St. James’s Place plc (LON:STJ) Stock Has Consensus Target Price of GBX 1,721.86 According to Brokerages

St. James’s Place plc (LON:STJ) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 1,721.86.

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 2,050 price objective on shares of St. James’s Place in a report on Thursday, July 30th. Berenberg Bank lifted their target price on St. James’s Place from GBX 1,800 to GBX 1,945 and gave the company a “buy” rating in a research report on Friday, August 7th. Citigroup decreased their price target on St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating for the company in a report on Wednesday, August 12th. Finally, Jefferies Financial Group reissued 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.

St. James’s Place Stock Down 1.1%

St. James’s Place stock opened at GBX 1,027 on Monday. The firm has a market capitalization of £5.06 billion, a price-to-earnings ratio of 9.63, a price-to-earnings-growth ratio of 1.10 and a beta of 1.01. The firm’s fifty day moving average price is GBX 1,124.59 and its two-hundred day moving average price is GBX 1,170.85. St. James’s Place has a 1-year low of GBX 1,020.50 and a 1-year high of GBX 1,575.50. The company has a current ratio of 0.39, a quick ratio of 3.85 and a debt-to-equity ratio of 33.04.

St. James’s Place (LON:STJ) last posted its earnings results 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%. On average, equities research analysts predict that St. James’s Place will post 67.9947461 earnings per share for the current fiscal year.

Insider Buying and Selling at St. James’s Place

In other news, insider Paul Manduca bought 3,624 shares of St. James’s Place stock in a transaction dated Wednesday, September 23rd. The stock was purchased at an average price of GBX 1,098 per share, for a total transaction of £39,791.52. Also, insider Evelyn Bourke bought 2,374 shares of the stock in a transaction dated Friday, July 31st. The stock was purchased at an average price of GBX 1,053 per share, with a total value of £24,998.22. In the last quarter, insiders bought 6,000 shares of company stock valued at $6,481,224. 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.