Deutsche Bank reaffirmed their hold rating on shares of St. James’s Place (LON:STJ) in a research report released on Monday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. increased their price target on St. James’s Place from GBX 1,260 ($16.57) to GBX 1,325 ($17.43) and gave the stock an overweight rating in a report on Friday, February 28th. Bank of America dropped their price objective on shares of St. James’s Place from GBX 1,250 ($16.44) to GBX 1,240 ($16.31) and set a buy rating on the stock in a research note on Thursday, December 12th. Credit Suisse Group downgraded shares of St. James’s Place to an underperform rating and cut their price objective for the stock from GBX 940 ($12.37) to GBX 900 ($11.84) in a research report on Monday, January 13th. Peel Hunt restated a buy rating on shares of St. James’s Place in a research note on Thursday, February 27th. Finally, Barclays lowered their target price on shares of St. James’s Place from GBX 1,351 ($17.77) to GBX 1,344 ($17.68) and set an overweight rating on the stock in a report on Monday, February 10th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 1,133.30 ($14.91).
Shares of STJ stock opened at GBX 751.40 ($9.88) on Monday. The company has a market capitalization of $4.02 billion and a P/E ratio of 27.32. The company has a current ratio of 1.47, a quick ratio of 1.12 and a debt-to-equity ratio of 63.74. The business’s 50 day moving average is GBX 996.90 and its two-hundred day moving average is GBX 1,047.83. St. James’s Place has a twelve month low of GBX 751.20 ($9.88) and a twelve month high of GBX 1,777.50 ($23.38).
The firm also recently declared a dividend, which will be paid on Friday, May 22nd. Stockholders of record on Thursday, April 16th will be issued a GBX 31.22 ($0.41) dividend. This is a boost from St. James’s Place’s previous dividend of $18.49. This represents a dividend yield of 2.96%. The ex-dividend date is Thursday, April 16th. St. James’s Place’s dividend payout ratio (DPR) is currently 1.82%.
About St. James’s Place
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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