St. James’s Place (LON:STJ) had its price target reduced by equities research analysts at UBS Group from GBX 1,160 ($15.16) to GBX 1,100 ($14.37) in a research report issued to clients and investors on Tuesday, October 16th, www.digitallook.com reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target would indicate a potential upside of 3.53% from the stock’s current price.
Other research analysts have also issued reports about the company. Peel Hunt increased their price objective on St. James’s Place from GBX 1,175 ($15.35) to GBX 1,350 ($17.64) and gave the company an “add” rating in a report on Wednesday, August 1st. Numis Securities reissued a “buy” rating and issued a GBX 1,600 ($20.91) price objective on shares of St. James’s Place in a report on Monday, October 8th. Barclays increased their price objective on St. James’s Place from GBX 1,379 ($18.02) to GBX 1,387 ($18.12) and gave the company an “overweight” rating in a report on Wednesday, July 18th. Finally, Berenberg Bank increased their price objective on St. James’s Place from GBX 1,580 ($20.65) to GBX 1,610 ($21.04) and gave the company a “buy” rating in a report on Wednesday, September 26th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,309.36 ($17.11).
St. James’s Place stock traded up GBX 11.50 ($0.15) during midday trading on Tuesday, reaching GBX 1,062.50 ($13.88). The company’s stock had a trading volume of 1,591,546 shares, compared to its average volume of 1,790,000. St. James’s Place has a 52-week low of GBX 1,008 ($13.17) and a 52-week high of GBX 1,279.50 ($16.72).
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.
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