St. James’s Place plc (LON:STJ) Receives Consensus Rating of “Moderate Buy” from Analysts

Posted by Defense World Staff on Aug 5th, 2023

Shares of St. James’s Place plc (LON:STJ – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 1,400.56 ($17.98).

Several analysts have issued reports on the stock. Barclays raised shares of St. James’s Place to an “overweight” rating and raised their price objective for the stock from GBX 1,430 ($18.36) to GBX 1,500 ($19.26) in a research note on Wednesday, June 21st. Royal Bank of Canada reissued an “outperform” rating on shares of St. James’s Place in a research note on Wednesday, July 12th.

St. James’s Place Stock Up 4.3 %

Shares of LON STJ opened at GBX 907.20 ($11.65) on Friday. The company has a debt-to-equity ratio of 22.25, a current ratio of 1.27 and a quick ratio of 3.85. The company has a market cap of £4.98 billion, a P/E ratio of 1,225.95, a PEG ratio of 1.10 and a beta of 1.25. St. James’s Place has a 1 year low of GBX 868.40 ($11.15) and a 1 year high of GBX 1,310 ($16.82). The firm has a 50-day simple moving average of GBX 1,089.98 and a two-hundred day simple moving average of GBX 1,164.44.

St. James’s Place Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 24th will be issued a dividend of GBX 15.83 ($0.20) per share. This represents a yield of 1.34%. The ex-dividend date of this dividend is Thursday, August 24th. St. James’s Place’s payout ratio is 7,162.16%.

Insider Activity at St. James’s Place

In other St. James’s Place news, insider Andrew Croft sold 115 shares of St. James’s Place stock in a transaction on Monday, May 22nd. The shares were sold at an average price of GBX 1,151 ($14.78), for a total value of £1,323.65 ($1,699.38). 1.15% of the stock is currently owned by corporate insiders.

About St. James’s Place

(Get Free Report

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.