St. James' Place's (STJ) "Overweight" Rating Reiterated at Barclays

Barclays reissued their overweight rating on shares of St. James's Place (LON:STJ - Free Report) in a research note published on Tuesday, Marketbeat reports. The firm currently has a GBX 700 ($8.65) price objective on the stock.

A number of other equities research analysts also recently commented on STJ. Royal Bank of Canada downgraded St. James's Place to a sector perform rating and set a GBX 500 ($6.18) price objective for the company. in a report on Friday, March 22nd. Berenberg Bank lowered their price target on St. James's Place from GBX 850 ($10.50) to GBX 750 ($9.26) and set a buy rating for the company in a report on Monday, March 11th. JPMorgan Chase & Co. lowered their price target on St. James's Place from GBX 793 ($9.79) to GBX 637 ($7.87) and set a neutral rating for the company in a report on Friday, March 1st. Finally, Citigroup upgraded St. James's Place to a buy rating in a report on Thursday, February 29th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, St. James's Place currently has an average rating of Moderate Buy and an average price target of GBX 646.75 ($7.99).

St. James's Place Trading Up 3.0 %

LON STJ traded up GBX 12.80 ($0.16) on Tuesday, reaching GBX 444.20 ($5.49). The company had a trading volume of 2,941,188 shares, compared to its average volume of 2,387,626. The stock's 50 day moving average is GBX 491.59 and its 200-day moving average is GBX 604.25. The stock has a market cap of £2.44 billion, a price-to-earnings ratio of -22,210.00, a PEG ratio of 1.10 and a beta of 1.20. The company has a quick ratio of 3.85, a current ratio of 1.10 and a debt-to-equity ratio of 37.81. St. James's Place has a 52 week low of GBX 393.60 ($4.86) and a 52 week high of GBX 1,245 ($15.38).

St. James's Place Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 25th will be given a dividend of GBX 8 ($0.10) per share. The ex-dividend date is Thursday, April 25th. This represents a yield of 1.29%. St. James's Place's dividend payout ratio (DPR) is presently -120,000.00%.

Insider Activity at St. James's Place

In other St. James's Place news, insider Mark FitzPatrick acquired 436 shares of the business's stock in a transaction dated Monday, March 25th. The stock was bought at an average cost of GBX 452 ($5.58) per share, with a total value of £1,970.72 ($2,434.19). Insiders own 0.81% of the company's stock.

St. James's Place Company Profile

St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.