St. James’s Place plc (LON:STJ) Given Average Rating of “Hold” by Brokerages

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Shares of St. James’s Place plc (LON:STJ) have earned an average rating of “Hold” from the twelve brokerages that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,141.80 ($15.02).

A number of research analysts have recently issued reports on STJ shares. UBS Group reiterated a “neutral” rating on shares of St. James’s Place in a research note on Friday, February 21st. Credit Suisse Group cut shares of St. James’s Place to an “underperform” rating and cut their target price for the company from GBX 940 ($12.37) to GBX 900 ($11.84) in a research note on Monday, January 13th. Deutsche Bank reiterated a “hold” rating on shares of St. James’s Place in a research note on Monday. Goldman Sachs Group cut shares of St. James’s Place to a “sell” rating and cut their target price for the company from GBX 980 ($12.89) to GBX 900 ($11.84) in a research note on Friday, November 29th. Finally, Bank of America cut their target price on shares of St. James’s Place from GBX 1,250 ($16.44) to GBX 1,240 ($16.31) and set a “buy” rating for the company in a research note on Thursday, December 12th.

LON STJ traded up GBX 27.40 ($0.36) during trading on Wednesday, reaching GBX 751.40 ($9.88). 2,718,899 shares of the company traded hands, compared to its average volume of 1,790,000. The company has a debt-to-equity ratio of 63.74, a quick ratio of 1.12 and a current ratio of 1.47. The stock’s 50 day moving average price is GBX 1,006.04 and its two-hundred day moving average price is GBX 1,048.79. The company has a market cap of $4.01 billion and a price-to-earnings ratio of 27.32. St. James’s Place has a 1-year low of GBX 751.20 ($9.88) and a 1-year high of GBX 1,777.50 ($23.38).

The business also recently disclosed a dividend, which will be paid on Friday, May 22nd. Investors of record on Thursday, April 16th will be given a GBX 31.22 ($0.41) dividend. This represents a yield of 2.96%. The ex-dividend date is Thursday, April 16th. This is a boost from St. James’s Place’s previous dividend of $18.49. St. James’s Place’s payout ratio is 1.82%.

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

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