Jefferies Financial Group Issues Pessimistic Forecast for St. James’s Place (LON:STJ) Stock Price

St. James’s Place (LON:STJ) had its price objective dropped by analysts at Jefferies Financial Group from GBX 1,800 to GBX 1,700 in a research note issued on Thursday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 40.38% from the company’s previous close.

STJ has been the subject of a number of other research reports. JPMorgan Chase & Co. cut their price target on shares of St. James’s Place from GBX 725 to GBX 625 and set a “buy” rating for the company in a report on Wednesday, March 18th. Citigroup boosted their price objective on shares of St. James’s Place from GBX 1,790 to GBX 1,870 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Royal Bank Of Canada upped their target price on shares of St. James’s Place from GBX 1,350 to GBX 1,375 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. Finally, UBS Group reiterated a “neutral” rating and set a GBX 1,475 price target on shares of St. James’s Place in a research report on Friday, January 16th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 1,513.57.

St. James’s Place Price Performance

Shares of STJ traded down GBX 25 during mid-day trading on Thursday, hitting GBX 1,211. The company’s stock had a trading volume of 359,189,594 shares, compared to its average volume of 20,512,686. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. St. James’s Place has a 1-year low of GBX 741.40 and a 1-year high of GBX 1,575.50. The firm has a market capitalization of £6.28 billion, a P/E ratio of 12.26, a P/E/G ratio of 1.10 and a beta of 1.02. The firm has a 50-day simple moving average of GBX 1,334.78 and a 200 day simple moving average of GBX 1,342.18.

St. James’s Place (LON:STJ) last announced its quarterly earnings data on Wednesday, February 25th. The company reported GBX 99.90 earnings per share for the quarter. St. James’s Place had a return on equity of 37.33% and a net margin of 1.76%. Analysts predict that St. James’s Place will post 67.9947461 EPS for the current fiscal 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.