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Analysts’ Recent Ratings Changes for St. James's Place plc (STJ) February 18th, 2015 • A number of firms have modified their ratings and price targets on shares of St. James's Place plc (LON: STJ) recently: 2/17/2015 – St. James's Place plc had its price target raised by analysts at Deutsche Bank from GBX 920 ($14.18) to GBX 975 ($15.03). They now have a “buy” rating on the stock. 2/16/2015 – St. James's Place plc had its “buy” rating reaffirmed by analysts at Panmure Gordon. They now have a GBX 977 ($15.06) price target on the stock. 2/16/2015 – St. James's Place plc had its “neutral” rating reaffirmed by analysts at Credit Suisse. They now have a GBX 950 ($14.65) price target on the stock. 2/11/2015 – St. James's Place plc had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 835 ($12.87) price target on the stock. 2/5/2015 – St. James's Place plc had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 1,000 ($15.42) price target on the stock. 2/2/2015 – St. James's Place plc had its “overweight” rating reaffirmed by analysts at Barclays. They now have a GBX 939 ($14.48) price target on the stock. 1/23/2015 – St. James's Place plc had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 920 ($14.18) price target on the stock. 1/23/2015 – St. James's Place plc had its “overweight” rating reaffirmed by analysts at Barclays. They now have a GBX 939 ($14.48) price target on the stock. 1/22/2015 – St. James's Place plc had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 850 ($13.11) price target on the stock. 1/22/2015 – St. James's Place plc had its price target raised by analysts at Credit Suisse from GBX 830 ($12.80) to GBX 950 ($14.65). They now have a “neutral” rating on the stock. 1/22/2015 – St. James's Place plc had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 924 ($14.25) price target on the stock. 1/21/2015 – St. James's Place plc had its “outperform” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a GBX 930 ($14.34) price target on the stock. 1/20/2015 – St. James's Place plc had its “buy” rating reaffirmed by analysts at Nomura. They now have a GBX 950 ($14.65) price target on the stock. 1/16/2015 – St. James's Place plc had its “buy” rating reaffirmed by analysts at Panmure Gordon. They now have a GBX 977 ($15.06) price target on the stock. 1/12/2015 – St. James's Place plc had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 924 ($14.25) price target on the stock. 1/8/2015
Broker Comment from Charles Stanley this morning on STJ... <b>St James’s Place (SJP: 901p) posted a 52-week low of 648p in October but the stock has been on a tear since then and the gain over the last four months now amounts to an impressive 39%. The chart reveals that this surge has lifted it through the closing highs from last March, at 879.5p, and to new all-time highs and it is worth pointing out that the rally continues to be driven by decent volumes. While it is true that SJP is starting to looking a bit overbought there is still little in the way of compelling evidence to suggest that the rally is about to come to an end. Short-term support is now at 865p or so.</b>
St James’s Place targets Gulf expats: St James’s Place, the fast-growing FTSE 100 wealth Manager, is planning to open its first offices in the Middle East by the end of this year in an attempt to win business from wealthy European expatriates, and gain an entry into the Gulf market.
Indeed it is. At least I can count on this share to not give me sleepless nights! Miss G :-))
Looking good for the 25th.
Nice and steady increase. Looks very good.
23 Jan 2015 St James's Place PLC STJ Numis Add 859.50 844.50 850.00 980.00 Reiterates SP TARGET 980p
23 Jan 2015 St James's Place PLC STJ Barclays Capital Overweight 848.50 844.50 - 939.00 Reiterates SP Target 939p
23 Jan 2015 St James's Place PLC STJ Deutsche Bank Buy 844.50 844.50 920.00 920.00 Reiterates SP TARGET 920p
Excellent update today and brokers all out recommending..... St James's Place broker views Date Broker Recommendation Price Old target price New target price Notes 22 Jan Numis Add 832.00 850.00 850.00 Reiterates 22 Jan JP Morgan Cazenove Overweight 832.00 924.00 924.00 Retains 22 Jan Panmure Gordon Buy 832.00 977.00 977.00 Retains 22 Jan Credit Suisse Neutral 832.00 830.00 950.00 Reiterates
This market cannot be manipulated like the aim, investors are to smart, But market makers will try to move the price down using shorts, UT trades, 7.50AM Auctions. Hold tight I am through research sure these will be big numbers on new business and funds under management. Many new partners, with little serious competition from the fee based based sector. Top quality wealth management from very qualified advisers. Lets look forward to this posh company delivering to investors golden flip flops
It seams strange that the share price is down today in comparison to its peers i.e. standard life up £6plus against a current rising market. Panmure Gordon have today rated STJ as a buy and JP Morgan have recommended them as overweight (source, thisismoney.co.uk). Anyone have any ideas as to why this should be so.
The recent retail distribution review (RDR) will have been extremely helpful to St James's place with recruiting top quality advisers, I think this will have resulted in a steep increase in adviser numbers that will translate into very powerful new business figures on the 22nd. I suspect numbers will beat expectations.
The fourth quarter new business figures are due out on 22nd January. With all the talk about drawdown pensions of late I am hopeful these will be very well received by the market. If this is correct this should translate into good annual results and hopefully an increasing dividend.
One of many insurers having a bad day. Roll on next week.
This is motoring along really well. No stress investment. Best wishes to all holders.
And up again we go...
Hey ho. Up we go. I want to be a poet
I note from the recent Pru results that sales of drawdown pensions increased by 128% in the first nine months of this year. No doubt SJP has performed equally well, if not better, and presumably pension contracts are flying off the shelves at present and will no doubt continue well into the future. I hope we can look forward to great results next year with an increasing dividend and share price.
Agree, great service, I meet my advisor twice a year on the golf course! I have now started shifting funds into the share when I can. GLA
ST JAMES'S PLACE BROKER VIEWS Date Broker Recommendation Price Old target price New target price Notes 31 Oct Barclays Capital Top pick 742.25 - 914.00 Reiterates 31 Oct Deutsche Bank Buy 742.25 925.00 895.00 Reiterates 31 Oct JP Morgan Cazenove Overweight 742.25 924.00 924.00 Retains 30 Oct Berenberg Buy 742.25 860.00 860.00 Reiterates 30 Oct Numis Add 742.25 - 835.00 Reiterates
St James's Place shares offer 'growth for free' says Berenberg 30 October 2014 11:24 Wealth manager St James's Place (SJP) has delivered "yet another strong quarter", according to Berenberg which repeated its positive stance on the stock on Thursday. The broker, which kept a 'buy' rating, said that with the shares trading at just one times 2015 estimated embedded value, "we believe that investors are receiving future growth at SJP for free". The embedded value of a company is the present value of future profits plus the adjusted net asset value. SJP said funds under management reached a record £49.1bn by the end of the third quarter ended 30 September, up 17% on the year before and 11% higher than the start of 2014. Net inflows were up 23% over the quarter at £1.3bn, as total new single investments grew 19% year-on-year to £1.8bn. New business was helped the demand for ISAs, the company said. Berenberg said that with the recent UK government changes to the at-retirement market, the value of face-to-face advice is increasing and SJP is well suited to that environment. "While undoubtedly exposed to equity markets, these results continue to highlight our view that the stock is less geared into falling markets than the recent share price moves would suggest - continued positive net flows, coupled with the emergence of assets from the surrender period to become cash generative, provide a strong support in more challenging market conditions," Berenberg said. The broker has a 860p target price for the stock, which was trading 2.7% higher at 706.5p by 11:30. Related Companies: STJ
STJ Off to a flyer. 31 Oct 2014 St James's Place PLC STJ Barclays Capital Top pick 720.50 712.50 - 914.00 Reiterates SP Target 914p. https://pbs.twimg.com/media/B1Q2ECuIcAAiOfb.jpg
Pleasing to hear. If anyone wants my friends details please feel free to get in touch. I am on these boards regularly.
I couldn't agree more with your strong support for STJ. I have invested with them for well over 20 years and they are topping up my Pensions wonderfully. Also, you do get genuine personal interest from your Partner. I meet mine annually and he tailors my financial requirements spot on to exactly what I want, with often welcome advice and steer if I want to be too ambitious!. It is very individual and personalised, unlike the larger Corporates who only expect you to invest in their "Products". Well done to STJ. A worthy Wealth Management Company and deserved winner of many awards.