St. James’s Place (STJ) Earns Buy Rating from Numis Securities

Numis Securities reissued their buy rating on shares of St. James’s Place (LON:STJ) in a research report released on Wednesday. The brokerage currently has a GBX 1,583 ($20.80) price target on the stock.

Several other equities analysts also recently commented on STJ. Peel Hunt upped their price objective on St. James’s Place from GBX 1,175 ($15.44) to GBX 1,350 ($17.74) and gave the company an add rating in a research report on Wednesday. HSBC cut their price objective on St. James’s Place from GBX 1,410 ($18.53) to GBX 1,350 ($17.74) and set a buy rating on the stock in a research report on Wednesday, May 9th. Barclays upped their price objective on St. James’s Place from GBX 1,379 ($18.12) to GBX 1,387 ($18.22) and gave the company an overweight rating in a research report on Wednesday, July 18th. Deutsche Bank raised St. James’s Place to a buy rating and upped their price objective for the company from GBX 1,310 ($17.21) to GBX 1,430 ($18.79) in a research report on Thursday, May 24th. Finally, JPMorgan Chase & Co. cut their price objective on St. James’s Place from GBX 1,358 ($17.84) to GBX 1,329 ($17.46) and set an overweight rating on the stock in a research report on Tuesday, April 17th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 1,367.91 ($17.97).

Shares of St. James’s Place stock opened at GBX 1,163 ($15.28) on Wednesday. St. James’s Place has a 52 week low of GBX 1,008 ($13.24) and a 52 week high of GBX 1,279.50 ($16.81).

The company also recently declared a dividend, which will be paid on Friday, September 28th. Stockholders of record on Thursday, August 30th will be given a dividend of GBX 18.49 ($0.24) per share. This represents a dividend yield of 1.57%. The ex-dividend date is Thursday, August 30th.

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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