St. James’s Place (LON:STJ) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

St. James’s Place (LON:STJ)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday,Digital Look reports. They currently have a GBX 2,050 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 89.20% from the company’s previous close.

Several other research analysts have also commented on the stock. Citigroup raised their price target on shares of St. James’s Place from GBX 1,790 to GBX 1,830 and gave the company a “buy” rating in a report on Tuesday, July 14th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,700 price objective on shares of St. James’s Place in a research report on Wednesday. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 1,400 target price on shares of St. James’s Place in a report on Thursday, April 30th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,800 price target on shares of St. James’s Place in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. decreased their price target on St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating for the company in a report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, St. James’s Place presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,702.57.

St. James’s Place Price Performance

Shares of St. James’s Place stock opened at GBX 1,083.50 on Thursday. The business’s fifty day moving average price is GBX 1,172.74 and its 200 day moving average price is GBX 1,261.77. St. James’s Place has a twelve month low of GBX 1,038.75 and a twelve month high of GBX 1,575.50. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. The stock has a market capitalization of £5.51 billion, a P/E ratio of 10.97, a PEG ratio of 1.10 and a beta of 1.02.

St. James’s Place (LON:STJ) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 43.30 EPS for the quarter. St. James’s Place had a return on equity of 37.33% and a net margin of 1.76%. As a group, research analysts anticipate that St. James’s Place will post 67.9947461 earnings per share for the current year.

Insiders Place Their Bets

In other St. James’s Place news, insider Penny James bought 8,418 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of GBX 1,182 per share, with a total value of £99,500.76. 1.21% of the stock is 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.