Analysts Set St. James’s Place plc (LON:STJ) Target Price at GBX 941.25

St. James’s Place plc (LON:STJ) has been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 916 ($11.66).

Several research firms have commented on STJ. Shore Capital reaffirmed a “buy” rating on shares of St. James’s Place in a report on Wednesday, May 27th. Goldman Sachs Group reaffirmed a “sell” rating on shares of St. James’s Place in a report on Monday, April 27th. JPMorgan Chase & Co. cut their price target on St. James’s Place from GBX 1,325 ($16.86) to GBX 937 ($11.93) and set an “overweight” rating for the company in a report on Tuesday, April 21st. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 950 ($12.09) price target (up previously from GBX 930 ($11.84)) on shares of St. James’s Place in a report on Friday, May 1st. Finally, Peel Hunt reaffirmed a “buy” rating on shares of St. James’s Place in a report on Wednesday, May 27th.

Shares of LON STJ traded up GBX 11.80 ($0.15) during trading hours on Monday, hitting GBX 926.60 ($11.79). 997,224 shares of the company’s stock were exchanged, compared to its average volume of 1,790,000. St. James’s Place has a 1-year low of GBX 614 ($7.81) and a 1-year high of GBX 1,777.50 ($22.62). The company has a debt-to-equity ratio of 63.74, a current ratio of 1.45 and a quick ratio of 1.10. The stock has a market capitalization of $5.05 billion and a price-to-earnings ratio of 33.69. The company’s 50-day moving average price is GBX 868.56 and its 200-day moving average price is GBX 985.56.

The business also recently disclosed a dividend, which was paid on Wednesday, May 27th. Stockholders of record on Thursday, May 7th were paid a GBX 20 ($0.25) dividend. The ex-dividend date of this dividend was Thursday, May 7th. This represents a dividend yield of 2.35%. St. James’s Place’s dividend payout ratio is currently 181.82%.

St. James’s Place Company Profile

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.

See Also: Hedge Funds Explained

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

Receive News & Ratings for St. James's Place Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for St. James's Place and related companies with MarketBeat.com's FREE daily email newsletter.