St. James's Place plc (LON:STJ) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• St. James’s Place has an average “Moderate Buy” rating from seven analysts, with five buys and two holds. The average 12-month price target is GBX 1,721.86, well above the reported GBX 1,180 share price.
• Recent analyst targets range from GBX 1,400 at RBC to GBX 2,050 at Deutsche Bank, with Berenberg raising its target to GBX 1,945 while Citigroup and JPMorgan slightly lowered theirs.
• The company reported quarterly earnings of GBX 43.30 per share and analysts expect full-year EPS of approximately GBX 67.99. Insider Evelyn Bourke also purchased 2,374 shares for about £25,000.

Shares of St. James's Place plc (LON:STJ - Get Free Report) have earned an average rating of "Moderate Buy" from the seven research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,721.86.

Several brokerages have recently commented on STJ. Citigroup lowered their price target on shares of St. James's Place from GBX 1,830 to GBX 1,820 and set a "buy" rating for the company in a research report on Wednesday. Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 1,400 price objective on shares of St. James's Place in a report on Thursday, April 30th. Berenberg Bank raised their price objective on shares of St. James's Place from GBX 1,800 to GBX 1,945 and gave the company a "buy" rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 2,050 target price on shares of St. James's Place in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. dropped their target price on shares of St. James's Place from GBX 1,686 to GBX 1,663 and set an "overweight" rating for the company in a research report on Thursday, April 30th.

St. James's Place Price Performance

Shares of STJ stock opened at GBX 1,180 on Friday. The stock has a 50-day moving average price of GBX 1,157.18 and a 200 day moving average price of GBX 1,234.43. The company has a quick ratio of 3.85, a current ratio of 0.39 and a debt-to-equity ratio of 33.04. The firm has a market cap of £5.97 billion, a price-to-earnings ratio of 11.07, a PEG ratio of 1.10 and a beta of 1.00. St. James's Place has a 12 month low of GBX 1,038.75 and a 12 month high of GBX 1,575.50.

St. James's Place (LON:STJ - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported GBX 43.30 earnings per share for the quarter. St. James's Place had a return on equity of 37.02% and a net margin of 1.25%. Research analysts expect that St. James's Place will post 67.9947461 EPS for the current year.

Insider Activity at St. James's Place

In related news, insider Evelyn Bourke acquired 2,374 shares of the company's stock in a transaction that occurred on Friday, July 31st. The stock was acquired at an average price of GBX 1,053 per share, for a total transaction of £24,998.22. 1.21% of the stock is currently owned by company insiders.

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.

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