Jefferies Financial Group Reiterates Buy Rating for St. James’s Place (LON:STJ)

St. James’s Place (LON:STJGet Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 1,700 price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 61.37% from the company’s current price.

Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. dropped their price objective on St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 1,400 price target on shares of St. James’s Place in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft cut their price target on shares of St. James’s Place from GBX 2,050 to GBX 2,000 and set a “buy” rating for the company in a report on Wednesday, June 24th. Berenberg Bank restated a “buy” rating and set a GBX 1,800 price objective on shares of St. James’s Place in a research report on Thursday, April 30th. Finally, Citigroup lifted their price objective on shares of St. James’s Place from GBX 1,790 to GBX 1,830 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, St. James’s Place currently has an average rating of “Moderate Buy” and an average price target of GBX 1,695.43.

View Our Latest Report on STJ

St. James’s Place Price Performance

LON STJ opened at GBX 1,053.50 on Wednesday. St. James’s Place has a 12 month low of GBX 1,038.75 and a 12 month high of GBX 1,575.50. The company has a debt-to-equity ratio of 36.73, a current ratio of 3.80 and a quick ratio of 3.85. The firm has a market capitalization of £5.36 billion, a PE ratio of 10.66, a P/E/G ratio of 1.10 and a beta of 1.02. The company’s 50 day simple moving average is GBX 1,175.19 and its 200 day simple moving average is GBX 1,264.37.

St. James’s Place (LON:STJGet Free Report) last released its earnings results on Wednesday, July 29th. The company reported GBX 43.30 earnings per share for the quarter. St. James’s Place had a return on equity of 37.33% and a net margin of 1.76%. As a group, equities research analysts forecast that St. James’s Place will post 67.9947461 EPS for the current fiscal year.

Insider Activity

In related news, insider Penny James bought 8,418 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of GBX 1,182 per share, for a total transaction of £99,500.76. 1.21% of the stock is owned by insiders.

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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Analyst Recommendations for St. James's Place (LON:STJ)

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