St. James's Place (LON:STJ) Given New GBX 1,550 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has raised the target price for St. James's Place from GBX 1,410 to GBX 1,550, indicating a potential upside of 17.16% from its previous close.
• Other brokers, including Deutsche Bank and Citigroup, have also increased their price objectives, reflecting positive sentiment towards the stock.
• As of Thursday, St. James's Place shares opened at GBX 1,323, with a 12-month low of GBX 680 and a high of GBX 1,366.50.

St. James's Place (LON:STJ - Get Free Report) had its target price raised by equities research analysts at JPMorgan Chase & Co. from GBX 1,410 ($18.96) to GBX 1,550 ($20.84) in a research report issued on Thursday, MarketBeat Ratings reports. The brokerage currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 19.66% from the stock's previous close.

A number of other brokerages have also weighed in on STJ. Deutsche Bank Aktiengesellschaft lifted their target price on St. James's Place from GBX 1,200 ($16.13) to GBX 1,750 ($23.53) and gave the company a "buy" rating in a research report on Monday, July 28th. Royal Bank Of Canada boosted their price target on St. James's Place from GBX 1,025 ($13.78) to GBX 1,075 ($14.45) and gave the stock a "sector perform" rating in a research report on Monday, July 14th. Finally, Citigroup boosted their price target on St. James's Place from GBX 1,210 ($16.27) to GBX 1,400 ($18.82) and gave the stock a "buy" rating in a research report on Thursday, July 10th.

St. James's Place Trading Down 0.1%

Shares of STJ stock traded down GBX 1.74 ($0.02) on Thursday, reaching GBX 1,295.38 ($17.42). 1,157,927 shares of the company's stock were exchanged, compared to its average volume of 4,789,331. St. James's Place has a 52 week low of GBX 682.50 ($9.18) and a 52 week high of GBX 1,366.50 ($18.37). The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The stock has a market capitalization of £7.01 billion, a PE ratio of -1,085.71, a P/E/G ratio of 1.10 and a beta of 1.23. The company's fifty day simple moving average is GBX 1,176.96 and its 200 day simple moving average is GBX 1,068.31.

St. James's Place (LON:STJ - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported GBX 52 ($0.70) earnings per share for the quarter. St. James's Place had a negative return on equity of 0.63% and a negative net margin of 0.02%. As a group, analysts forecast that St. James's Place will post 67.9947461 EPS for the current year.

St. James's Place Company Profile

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.