St. James’s Place (LON:STJ) Given New GBX 1,030 Price Target at Berenberg Bank

St. James’s Place (LON:STJ) had its target price raised by Berenberg Bank from GBX 1,005 ($12.37) to GBX 1,030 ($12.68) in a research report released on Wednesday, Digital Look reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also issued reports on the stock. Barclays cut their target price on shares of St. James’s Place from GBX 1,120 ($13.78) to GBX 1,104 ($13.59) and set an overweight rating on the stock in a research note on Thursday, July 16th. Goldman Sachs Group restated a sell rating on shares of St. James’s Place in a research note on Monday, April 27th. Peel Hunt restated a buy rating on shares of St. James’s Place in a research note on Tuesday, July 28th. Deutsche Bank restated a hold rating on shares of St. James’s Place in a research note on Wednesday. Finally, Royal Bank of Canada upped their target price on shares of St. James’s Place from GBX 800 ($9.84) to GBX 925 ($11.38) and gave the company a sector performer rating in a research note on Tuesday, July 28th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 969.40 ($11.93).

Shares of STJ stock opened at GBX 942.20 ($11.59) on Wednesday. St. James’s Place has a 12 month low of GBX 9.43 ($0.12) and a 12 month high of GBX 1,777.50 ($21.87). The company has a debt-to-equity ratio of 63.74, a current ratio of 1.45 and a quick ratio of 1.10. The firm has a market capitalization of $5.06 billion and a P/E ratio of 34.26. The company’s fifty day moving average price is GBX 952.28 and its two-hundred day moving average price is GBX 941.84.

In other St. James’s Place news, insider Craig Gentle sold 4,449 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of GBX 952 ($11.72), for a total value of £42,354.48 ($52,122.18).

St. James’s Place Company Profile

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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Analyst Recommendations for St. James`s Place (LON:STJ)

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