Goldman Sachs Group downgraded shares of St. James’s Place (LON:STJ) to a sell rating in a report released on Friday, ThisIsMoney.Co.Uk reports. The firm currently has GBX 900 ($11.76) target price on the stock, down from their previous target price of GBX 980 ($12.81).
Other equities analysts also recently issued research reports about the company. UBS Group restated a neutral rating on shares of St. James’s Place in a report on Wednesday, October 16th. Deutsche Bank upgraded St. James’s Place to a buy rating in a report on Wednesday, October 23rd. Royal Bank of Canada dropped their price objective on St. James’s Place from GBX 980 ($12.81) to GBX 950 ($12.41) and set a sector performer rating on the stock in a report on Monday, August 5th. Barclays restated an overweight rating and issued a GBX 1,253 ($16.37) price objective (up previously from GBX 1,241 ($16.22)) on shares of St. James’s Place in a report on Thursday, October 31st. Finally, Berenberg Bank restated a buy rating on shares of St. James’s Place in a report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 1,109.89 ($14.50).
LON:STJ opened at GBX 1,088.50 ($14.22) on Friday. The stock’s 50 day moving average price is GBX 1,038.66 and its 200 day moving average price is GBX 1,030.65. St. James’s Place has a 52 week low of GBX 897.80 ($11.73) and a 52 week high of GBX 1,153 ($15.07). The company has a market capitalization of $5.81 billion and a P/E ratio of 39.01. The company has a debt-to-equity ratio of 74.22, a quick ratio of 2.28 and a current ratio of 3.37.
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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