Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for St. James’s Place (LON:STJ) Stock Price

St. James’s Place (LON:STJGet Free Report) had its price target cut by research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,050 to GBX 2,000 in a research report issued on Wednesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 70.36% from the stock’s current price.

A number of other research analysts have also issued reports on STJ. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 1,400 target price on shares of St. James’s Place in a research report on Thursday, April 30th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,700 price target on shares of St. James’s Place in a report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price objective on shares of St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,800 price objective on shares of St. James’s Place in a report on Thursday, April 30th. Finally, Citigroup cut their target price on shares of St. James’s Place from GBX 1,810 to GBX 1,790 and set a “buy” rating for the company in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 1,689.71.

Check Out Our Latest Stock Analysis on STJ

St. James’s Place Stock Performance

LON STJ opened at GBX 1,174 on Wednesday. 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 twelve month low of GBX 1,103 and a twelve month high of GBX 1,575.50. The stock has a 50-day moving average of GBX 1,204.44 and a 200 day moving average of GBX 1,301.76. The stock has a market capitalization of £5.97 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 1.10 and a beta of 1.00.

Insider Activity

In other St. James’s Place news, insider Penny James bought 8,418 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of GBX 1,182 per share, for a total transaction of £99,500.76. Company insiders own 1.21% of the company’s stock.

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.

Further Reading

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

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