St. James’s Place plc (LON:STJ) has earned a consensus recommendation of “Buy” from the thirteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 1,331.30 ($18.57).
A number of equities research analysts have issued reports on the stock. Barclays reaffirmed an “overweight” rating on shares of St. James’s Place in a research report on Wednesday, April 11th. Shore Capital reaffirmed a “buy” rating on shares of St. James’s Place in a research report on Thursday, January 25th. Numis Securities upped their price objective on shares of St. James’s Place from GBX 1,370 ($19.11) to GBX 1,430 ($19.94) and gave the stock an “add” rating in a research report on Thursday, January 25th. JPMorgan Chase reduced their price objective on shares of St. James’s Place from GBX 1,358 ($18.94) to GBX 1,329 ($18.54) and set an “overweight” rating for the company in a research report on Tuesday, April 17th. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 1,175 ($16.39) price objective on shares of St. James’s Place in a research report on Tuesday, April 24th.
STJ stock traded up GBX 5.50 ($0.08) during trading on Wednesday, reaching GBX 1,136.50 ($15.85). The stock had a trading volume of 1,098,569 shares, compared to its average volume of 1,790,000. St. James’s Place has a one year low of GBX 1,008 ($14.06) and a one year high of GBX 1,279.50 ($17.85).
The business also recently announced a dividend, which will be paid on Friday, June 1st. Stockholders of record on Thursday, April 5th will be given a dividend of GBX 27.45 ($0.38) per share. This is an increase from St. James’s Place’s previous dividend of $15.41. This represents a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, April 5th.
In other news, insider David Lamb sold 15,000 shares of the stock in a transaction that occurred on Friday, April 27th. The shares were sold at an average price of GBX 1,126 ($15.70), for a total transaction of £168,900 ($235,564.85). Also, insider Iain Cornish bought 6,500 shares of St. James’s Place stock in a transaction dated Tuesday, March 20th. The shares were bought at an average cost of GBX 1,136 ($15.84) per share, with a total value of £73,840 ($102,984.66).
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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