Citigroup Cuts St. James’s Place (LON:STJ) Price Target to GBX 1,820

St. James’s Place (LON:STJ) had its target price cut by Citigroup from GBX 1,830 to GBX 1,820 in a report issued on Wednesday,Digital Look reports. They currently have a buy rating on the stock.

Other analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,050 target price on shares of St. James’s Place in a research report on Thursday, July 30th. Berenberg Bank lifted their price target on St. James’s Place from GBX 1,800 to GBX 1,945 and gave the stock a “buy” rating in a research report on Friday, August 7th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,700 price objective on shares of St. James’s Place in a research note on Wednesday, July 29th. JPMorgan Chase & Co. decreased their price objective 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. Finally, 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 research report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 1,721.86.

St. James’s Place Stock Performance

LON STJ opened at GBX 1,180 on Wednesday. The company has a debt-to-equity ratio of 33.04, a current ratio of 0.39 and a quick ratio of 3.85. St. James’s Place has a 1 year low of GBX 1,038.75 and a 1 year high of GBX 1,575.50. The company has a market capitalization of £5.97 billion, a PE ratio of 11.07, a P/E/G ratio of 1.10 and a beta of 1.00. The company has a fifty day moving average of GBX 1,157.18 and a two-hundred day moving average of GBX 1,234.43.

St. James’s Place (LON:STJ) last posted its earnings results on Wednesday, July 29th. The company reported GBX 43.30 EPS for the quarter. St. James’s Place had a return on equity of 37.02% and a net margin of 1.25%. As a group, analysts expect that St. James’s Place will post 67.9947461 earnings per share for the current year.

Insider Transactions at St. James’s Place

In related news, insider Evelyn Bourke acquired 2,374 shares of St. James’s Place stock in a transaction on Friday, July 31st. The stock was purchased at an average cost of GBX 1,053 per share, with a total value of £24,998.22. 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.