St. James’s Place (LON:STJ) Stock Price Down 12.8% – What’s Next?

St. James’s Place plc (LON:STJGet Free Report) traded down 12.8% during mid-day trading on Wednesday . The stock traded as low as GBX 1,255.50 and last traded at GBX 1,263. 6,837,487 shares were traded during mid-day trading, a decline of 77% from the average session volume of 29,245,443 shares. The stock had previously closed at GBX 1,449.

Wall Street Analyst Weigh In

Several research firms recently weighed in on STJ. Royal Bank Of Canada upped their price target on shares of St. James’s Place from GBX 1,350 to GBX 1,375 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. UBS Group restated a “neutral” rating and issued a GBX 1,475 target price on shares of St. James’s Place in a research report on Friday, January 16th. JPMorgan Chase & Co. lifted their price target on St. James’s Place from GBX 1,725 to GBX 1,726 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Citigroup increased their price objective on St. James’s Place from GBX 1,590 to GBX 1,790 and gave the company a “buy” rating in a research note on Friday, January 16th. Finally, Jefferies Financial Group lifted their target price on shares of St. James’s Place from GBX 1,160 to GBX 1,600 and gave the stock a “buy” rating in a research note on Monday, October 20th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,645.14.

Read Our Latest Research Report on STJ

St. James’s Place Stock Down 12.4%

The company has a debt-to-equity ratio of 55.10, a quick ratio of 3.85 and a current ratio of 0.60. The business has a 50 day simple moving average of GBX 1,434.84 and a 200-day simple moving average of GBX 1,343.98. The firm has a market capitalization of £6.60 billion, a price-to-earnings ratio of 13.46, a P/E/G ratio of 1.10 and a beta of 1.23.

About St. James’s Place

(Get Free Report)

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.

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