St. James’ Place’s (STJ) Buy Rating Reaffirmed at Berenberg Bank

St. James’s Place (LON:STJ)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a report released on Friday, Digital Look reports. They presently have a GBX 750 ($9.51) price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 35.75% from the company’s current price.

Several other analysts have also recently weighed in on STJ. Barclays reiterated an “overweight” rating and issued a GBX 700 ($8.88) price target on shares of St. James’s Place in a report on Wednesday, May 1st. Citigroup upgraded shares of St. James’s Place to a “buy” rating in a research report on Thursday, February 29th. JPMorgan Chase & Co. upgraded shares of St. James’s Place to an “overweight” rating in a report on Monday, June 3rd. Finally, Royal Bank of Canada lowered St. James’s Place to a “sector perform” rating and set a GBX 500 ($6.34) price objective for the company. in a research report on Friday, March 22nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 646.75 ($8.20).

St. James’s Place Trading Up 1.1 %

LON STJ opened at GBX 552.50 ($7.01) on Friday. The company has a debt-to-equity ratio of 37.81, a quick ratio of 3.85 and a current ratio of 1.10. St. James’s Place has a fifty-two week low of GBX 393.60 ($4.99) and a fifty-two week high of GBX 1,185.50 ($15.04). The stock has a market cap of £3.03 billion, a P/E ratio of -27,625.00, a price-to-earnings-growth ratio of 1.10 and a beta of 1.20. The stock has a 50 day simple moving average of GBX 493.19 and a two-hundred day simple moving average of GBX 542.26.

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.