Citigroup Cuts St. James’s Place (LON:STJ) Price Target to GBX 1,810

St. James’s Place (LON:STJ) had its price objective reduced by Citigroup from GBX 1,870 to GBX 1,810 in a report issued on Thursday morning,Digital Look reports. They currently have a buy rating on the stock.

STJ has been the topic of a number of other research reports. Jefferies Financial Group cut their target price on St. James’s Place from GBX 1,800 to GBX 1,700 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Royal Bank Of Canada boosted their target price on St. James’s Place from GBX 1,350 to GBX 1,375 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. UBS Group restated a “neutral” rating and issued a GBX 1,475 target price on shares of St. James’s Place in a research note on Friday, January 16th. Finally, JPMorgan Chase & Co. cut their target price on St. James’s Place from GBX 725 to GBX 625 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, St. James’s Place currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,505.

St. James’s Place Price Performance

STJ stock opened at GBX 1,316 on Thursday. The company has a market capitalization of £6.76 billion, a P/E ratio of 13.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.04. The company has a debt-to-equity ratio of 36.73, a quick ratio of 3.85 and a current ratio of 3.80. St. James’s Place has a 52-week low of GBX 881.60 and a 52-week high of GBX 1,575.50. The business has a 50-day simple moving average of GBX 1,272.47 and a two-hundred day simple moving average of GBX 1,342.17.

St. James’s Place (LON:STJ) last released its quarterly earnings results on Wednesday, February 25th. The company reported GBX 99.90 earnings per share (EPS) for the quarter. St. James’s Place had a return on equity of 37.33% and a net margin of 1.76%. Research analysts expect that St. James’s Place will post 67.9947461 EPS for the current fiscal year.

About St. James’s Place

We plan, grow and protect the financial futures of over one million clients across the UK by providing holistic advice-led wealth management, delivered exclusively by the Partnership, our group of more than 4,900 highly skilled advisers.

We offer an integrated client proposition, through which we provide financial advice, investment product wrappers such as pensions, investment bonds and ISAs, and offer our own range of investment funds and portfolios.