JPMorgan Chase & Co. Has Lowered Expectations for St. James’s Place (LON:STJ) Stock Price

St. James’s Place (LON:STJ) had its price target cut by research analysts at JPMorgan Chase & Co. from GBX 1,711 to GBX 1,686 in a research report issued on Tuesday,Digital Look reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 31.92% from the company’s previous close.

STJ has been the subject of a number of other research reports. Citigroup dropped their price objective on shares of St. James’s Place from GBX 1,870 to GBX 1,810 and set a “buy” rating for the company in a report on Thursday, April 16th. Jefferies Financial Group lowered their price objective on St. James’s Place from GBX 1,800 to GBX 1,700 and set a “buy” rating for the company in a research report on Thursday, April 2nd. UBS Group reiterated 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. Finally, Royal Bank Of Canada increased their price objective on 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. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,656.57.

St. James’s Place Trading Down 0.2%

Shares of STJ opened at GBX 1,278 on Tuesday. The company has a current ratio of 3.80, a quick ratio of 3.85 and a debt-to-equity ratio of 36.73. St. James’s Place has a 12-month low of GBX 881.60 and a 12-month high of GBX 1,575.50. The firm has a 50-day moving average price of GBX 1,268.16 and a 200 day moving average price of GBX 1,342.60. The firm has a market capitalization of £6.56 billion, a P/E ratio of 12.94, a P/E/G ratio of 1.10 and a beta of 1.04.

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

About St. James’s Place

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.