JPMorgan Chase & Co. Issues Positive Forecast for St. James’s Place (LON:STJ) Stock Price

St. James’s Place (LON:STJ) had its price target lifted by equities researchers at JPMorgan Chase & Co. from GBX 1,725 to GBX 1,726 in a report released on Wednesday,Digital Look reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 19.16% from the company’s previous close.

A number of other equities analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of St. James’s Place from GBX 1,800 to GBX 1,900 and gave the company a “buy” rating in a research report on Thursday, October 2nd. 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 report on Monday, October 20th. Citigroup upped their price target on shares of St. James’s Place from GBX 1,590 to GBX 1,790 and gave the company a “buy” rating in a report on Friday, January 16th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 1,475 price objective on shares of St. James’s Place in a research note on Friday, January 16th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 1,602.29.

St. James’s Place Stock Up 0.2%

Shares of STJ traded up GBX 3.50 during trading hours on Wednesday, reaching GBX 1,448.50. The company’s stock had a trading volume of 199,999,000 shares, compared to its average volume of 20,968,361. The company has a 50 day moving average of GBX 1,380 and a two-hundred day moving average of GBX 1,311.42. The company has a quick ratio of 3.85, a current ratio of 0.60 and a debt-to-equity ratio of 55.10. The firm has a market cap of £7.53 billion, a price-to-earnings ratio of 15.36, a P/E/G ratio of 1.10 and a beta of 1.23. St. James’s Place has a 1-year low of GBX 741.40 and a 1-year high of GBX 1,538.50.

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.