St. James’ Place’s (STJ) “Sector Performer” Rating Reaffirmed at Royal Bank of Canada

Royal Bank of Canada restated their sector performer rating on shares of St. James’s Place (LON:STJ) in a research note issued to investors on Thursday, April 18th, Digital Look reports. The brokerage currently has a GBX 1,000 ($13.07) price target on the stock.

Several other analysts have also recently issued reports on STJ. Barclays upped their target price on shares of St. James’s Place from GBX 1,203 ($15.72) to GBX 1,228 ($16.05) and gave the company an overweight rating in a research report on Wednesday, April 3rd. JPMorgan Chase & Co. restated an overweight rating on shares of St. James’s Place in a research report on Monday, April 8th. Goldman Sachs Group decreased their target price on shares of St. James’s Place from GBX 1,090 ($14.24) to GBX 1,030 ($13.46) and set a neutral rating on the stock in a research report on Monday, April 1st. Peel Hunt restated an add rating on shares of St. James’s Place in a research report on Wednesday, February 27th. Finally, Shore Capital reissued an under review rating on shares of St. James’s Place in a research report on Wednesday, February 27th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 1,188.64 ($15.53).

Shares of STJ traded up GBX 4.50 ($0.06) during midday trading on Thursday, hitting GBX 1,101 ($14.39). 1,432,001 shares of the company traded hands, compared to its average volume of 1,790,000. St. James’s Place has a 52 week low of GBX 905.60 ($11.83) and a 52 week high of GBX 1,246 ($16.28). The company has a market capitalization of $5.80 billion and a PE ratio of 33.98. The company has a quick ratio of 1.39, a current ratio of 1.83 and a debt-to-equity ratio of 39.33.

The business also recently announced a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, April 4th will be paid a GBX 29.73 ($0.39) dividend. This is an increase from St. James’s Place’s previous dividend of $18.49. This represents a yield of 3.04%. The ex-dividend date of this dividend is Thursday, April 4th. St. James’s Place’s dividend payout ratio is currently 1.48%.

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.

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

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