Berenberg Bank Raises St. James’s Place (STJ) Price Target to GBX 1,610

St. James’s Place (LON:STJ) had its target price raised by stock analysts at Berenberg Bank from GBX 1,580 ($20.58) to GBX 1,610 ($20.97) in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 39.45% from the company’s current price.

A number of other brokerages have also recently weighed in on STJ. Barclays lifted their target price on St. James’s Place from GBX 1,379 ($17.96) to GBX 1,387 ($18.07) and gave the company an “overweight” rating in a report on Wednesday, July 18th. Numis Securities reiterated a “buy” rating and issued a GBX 1,583 ($20.62) target price on shares of St. James’s Place in a report on Wednesday, August 1st. Peel Hunt lifted their target price on St. James’s Place from GBX 1,175 ($15.31) to GBX 1,350 ($17.58) and gave the company an “add” rating in a report on Wednesday, August 1st. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 1,160 ($15.11) target price (down previously from GBX 1,180 ($15.37)) on shares of St. James’s Place in a report on Thursday, August 2nd. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 1,404.22 ($18.29).

Shares of St. James’s Place stock opened at GBX 1,154.50 ($15.04) on Wednesday. St. James’s Place has a twelve month low of GBX 1,008 ($13.13) and a twelve month high of GBX 1,279.50 ($16.67).

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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