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

Deutsche Bank restated their hold rating on shares of St. James’s Place (LON:STJ) in a research note released on Wednesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued research reports about the stock. Peel Hunt reiterated a buy rating on shares of St. James’s Place in a research report on Tuesday, July 28th. Goldman Sachs Group reiterated a sell rating on shares of St. James’s Place in a research report on Monday, April 27th. Berenberg Bank reiterated a hold rating on shares of St. James’s Place in a research report on Thursday, July 16th. Credit Suisse Group reduced their price objective on shares of St. James’s Place from GBX 900 ($11.08) to GBX 685 ($8.43) and set an underperform rating on the stock in a research note on Thursday, April 9th. Finally, Royal Bank of Canada lifted their price objective on shares of St. James’s Place from GBX 800 ($9.84) to GBX 925 ($11.38) and gave the stock a sector performer rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. St. James’s Place has a consensus rating of Hold and a consensus price target of GBX 969.40 ($11.93).

Shares of LON:STJ opened at GBX 942.20 ($11.59) on Wednesday. St. James’s Place has a one year low of GBX 9.43 ($0.12) and a one year high of GBX 1,777.50 ($21.87). The company has a 50 day moving average of GBX 952.28 and a 200-day moving average of GBX 941.84. 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 stock has a market cap of $5.06 billion and a price-to-earnings ratio of 34.26.

In other St. James’s Place news, insider Craig Gentle sold 4,449 shares of St. James’s Place stock in a transaction that occurred on 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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