St. James’s Place (LON:STJ) had its price objective cut by stock analysts at Royal Bank of Canada from GBX 980 ($12.81) to GBX 950 ($12.41) in a research report issued to clients and investors on Tuesday, Digital Look reports. The firm currently has a “sector performer” rating on the stock. Royal Bank of Canada’s price target would suggest a potential upside of 3.17% from the company’s current price.
Several other research analysts have also recently weighed in on the company. Peel Hunt raised St. James’s Place to a “buy” rating in a research report on Tuesday, April 30th. Numis Securities reissued a “buy” rating on shares of St. James’s Place in a research report on Monday, June 3rd. Shore Capital reissued a “buy” rating on shares of St. James’s Place in a research report on Tuesday, April 30th. UBS Group reissued a “neutral” rating on shares of St. James’s Place in a research report on Monday, July 29th. Finally, Barclays boosted their price objective on St. James’s Place from GBX 1,228 ($16.05) to GBX 1,252 ($16.36) and gave the stock an “overweight” rating in a research report on Monday, May 13th. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 1,169.90 ($15.29).
St. James’s Place stock traded down GBX 17.60 ($0.23) during trading on Tuesday, hitting GBX 920.80 ($12.03). 3,571,018 shares of the company were exchanged, compared to its average volume of 1,790,000. The firm has a 50 day simple moving average of GBX 1,088.74. St. James’s Place has a 52 week low of GBX 905.60 ($11.83) and a 52 week high of GBX 1,173 ($15.33). The company has a market capitalization of $4.89 billion and a P/E ratio of 32.89. The company has a debt-to-equity ratio of 48.55, a current ratio of 13.06 and a quick ratio of 12.51.
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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