Deutsche Bank Reaffirms “Hold” Rating for St. James’s Place (STJ)
Deutsche Bank reissued their hold rating on shares of St. James’s Place (LON:STJ) in a research report released on Monday morning, ThisIsMoney.Co.Uk reports.
Several other brokerages have also weighed in on STJ. Numis Securities dropped their price objective on shares of St. James’s Place from GBX 1,600 ($20.91) to GBX 1,520 ($19.86) and set a buy rating on the stock in a report on Tuesday, April 30th. Shore Capital reiterated a buy rating on shares of St. James’s Place in a report on Tuesday, April 30th. Peel Hunt upgraded shares of St. James’s Place to a buy rating in a report on Tuesday, April 30th. Royal Bank of Canada reiterated a sector performer rating and set a GBX 1,000 ($13.07) price objective on shares of St. James’s Place in a report on Thursday, April 18th. Finally, Barclays upped their price objective on shares of St. James’s Place from GBX 1,228 ($16.05) to GBX 1,252 ($16.36) and gave the company an overweight rating in a report on Monday. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of GBX 1,190.82 ($15.56).
Shares of LON STJ opened at GBX 1,143 ($14.94) on Monday. St. James’s Place has a 1-year low of GBX 905.60 ($11.83) and a 1-year high of GBX 1,246 ($16.28). The stock has a market cap of $6.03 billion and a PE ratio of 35.28. The company has a current ratio of 1.83, a quick ratio of 1.39 and a debt-to-equity ratio of 39.33.
About St. James’s Place
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.
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