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

St. James’s Place plc (LON:STJ) has received a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,695.43.

Several analysts have recently weighed in on STJ shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,700 price target on shares of St. James’s Place in a research note on Wednesday, April 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 1,400 target price on shares of St. James’s Place in a research report on Thursday, April 30th. Citigroup upped their target price on St. James’s Place from GBX 1,790 to GBX 1,830 and gave the stock a “buy” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. dropped their price target on St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,800 price target on shares of St. James’s Place in a research note on Thursday, April 30th.

Insider Transactions at St. James’s Place

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

St. James’s Place Trading Down 2.5%

LON STJ opened at GBX 1,058 on Wednesday. The stock has a market cap of £5.38 billion, a PE ratio of 10.71, a PEG ratio of 1.10 and a beta of 1.02. St. James’s Place has a 12 month low of GBX 1,038.75 and a 12 month high of GBX 1,575.50. The company’s 50-day moving average price is GBX 1,175.19 and its 200-day moving average price is GBX 1,264.37. 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 (LON:STJ) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 43.30 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 research analysts forecast that St. James’s Place will post 67.9947461 earnings per share for the current year.

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.