Citigroup Raises St. James's Place (LON:STJ) Price Target to GBX 1,400

St. James's Place (LON:STJ - Get Free Report) had its target price upped by investment analysts at Citigroup from GBX 1,210 ($16.44) to GBX 1,400 ($19.02) in a report issued on Thursday, Marketbeat Ratings reports. The firm presently has a "buy" rating on the stock. Citigroup's price target would indicate a potential upside of 14.33% from the stock's current price.

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 1,410 ($19.16) price objective on shares of St. James's Place in a research report on Tuesday.

St. James's Place Stock Performance

Shares of St. James's Place stock traded down GBX 1 ($0.01) during trading on Thursday, hitting GBX 1,224.50 ($16.63). 4,648,546 shares of the stock were exchanged, compared to its average volume of 5,198,996. The company has a fifty day moving average price of GBX 1,107.10 and a 200-day moving average price of GBX 1,012.09. St. James's Place has a 1-year low of GBX 546.50 ($7.42) and a 1-year high of GBX 1,226 ($16.66). The stock has a market capitalization of £6.62 billion, a price-to-earnings ratio of -1,026.31, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10.

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.