St. James’ Place’s (STJ) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of St. James’s Place (LON:STJ) in a research note issued to investors on Wednesday,Digital Look reports. Jefferies Financial Group currently has a GBX 1,700 price objective on the stock.

Several other research firms have also issued reports on STJ. Deutsche Bank Aktiengesellschaft dropped their target price on St. James’s Place from GBX 2,050 to GBX 2,000 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Citigroup boosted their price target on St. James’s Place from GBX 1,790 to GBX 1,830 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,800 price objective on shares of St. James’s Place in a research note on Thursday, April 30th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 1,400 price objective on shares of St. James’s Place in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. decreased their target price on shares of St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, St. James’s Place has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,702.57.

St. James’s Place Price Performance

Shares of LON:STJ opened at GBX 1,053.50 on Wednesday. The company’s 50-day moving average price is GBX 1,167.02 and its two-hundred day moving average price is GBX 1,257.70. St. James’s Place has a one year low of GBX 1,038.75 and a one year high of GBX 1,575.50. The stock has a market capitalization of £5.36 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 1.10 and a beta of 1.02.

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

Insider Activity

In other St. James’s Place news, insider Penny James purchased 8,418 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average price of GBX 1,182 per share, with a total value of £99,500.76. Also, insider Evelyn Bourke purchased 2,374 shares of the stock in a transaction on Friday, July 31st. The shares were acquired at an average cost of GBX 1,053 per share, for a total transaction of £24,998.22. Company insiders own 1.21% of the company’s stock.

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.