St. James’s Place (LON:STJ) Given New GBX 1,870 Price Target at Citigroup

St. James’s Place (LON:STJ) had its price target lifted by stock analysts at Citigroup from GBX 1,790 to GBX 1,870 in a report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s price objective would suggest a potential upside of 43.08% from the stock’s current price.

Other research analysts have also issued reports about the company. UBS Group reissued a “neutral” rating and issued a GBX 1,475 price objective on shares of St. James’s Place in a research report on Friday, January 16th. JPMorgan Chase & Co. boosted 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 report on Wednesday, January 21st. Finally, Royal Bank Of Canada upped their price target on St. James’s Place from GBX 1,350 to GBX 1,375 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,656.57.

St. James’s Place Trading Up 3.1%

STJ traded up GBX 39 during trading on Wednesday, hitting GBX 1,307. 8,318,010 shares of the company’s stock were exchanged, compared to its average volume of 21,322,018. St. James’s Place has a 1 year low of GBX 741.40 and a 1 year high of GBX 1,575.50. The stock has a 50 day moving average price of GBX 1,409.04 and a 200 day moving average price of GBX 1,343.78. The firm has a market cap of £6.80 billion, a P/E ratio of 13.86, a price-to-earnings-growth ratio of 1.10 and a beta of 1.09.

St. James’s Place (LON:STJ) last issued its earnings results on Wednesday, February 25th. The company reported GBX 99.90 EPS for the quarter. St. James’s Place had a net margin of 1.76% and a return on equity of 37.33%. Analysts forecast that St. James’s Place will post 67.9947461 earnings per share for the current fiscal year.

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.