St. James's Place Share Discussion Threads

[its the oxman] 25/2/2015 08:26

Great results. Commitment to bigger div going forward. Tempted to take profit but can only see this business getting stronger. Nice problem to have. Will be interested to see revised broker targets. 1000p not far away now.

[mike740] 19/2/2015 09:44

Panmure Gordon Reaffirms “Buy” Rating for St. James's Place plc (STJ)
Posted by Max Byerly on Feb 18th, 2015 Updated Feb 19th 2015

Panmure Gordon reaffirmed their buy rating on shares of St. James's Place plc (LON:STJ) in a report issued on Monday. They currently have a GBX 977 ($15.06) target price on the stock.
St. James's Place plc (LON:STJ) opened at 904.00 on wednesday. St. James's Place plc has a 52 week low of GBX 637.00 and a 52 week high of GBX 908.50. The stock has a 50-day moving average of GBX 837.9 and a 200-day moving average of GBX 761.2. The company’s market cap is £4.638 billion.
A number of other firms have also recently commented on STJ. Analysts at Credit Suisse reiterated a neutral rating on shares of St. James's Place plc in a research note on Monday. Analysts at Sanford C. Bernstein reiterated a market perform rating and set a GBX 835 ($12.87) price target on shares of St. James's Place plc in a research note on Wednesday, February 11th. Analysts at Numis Securities Ltd reiterated an add rating and set a GBX 1,000 ($15.42) price target on shares of St. James's Place plc in a research note on Thursday, February 5th. Finally, analysts at Barclays reiterated an overweight rating and set a GBX 939 ($14.48) price target on shares of St. James's Place plc in a research note on Monday, February 2nd. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. St. James's Place plc presently has a consensus rating of Buy and an average target price of GBX 934.36 ($14.41).
St. James’s Place plc is a financial services holding company, with principal interests in the provision of wealth management advice and services to the clients. The Company offers a range of insurance, investment and other wealth management services, through its subsidiaries, which are principally incorporated in the United Kingdom and Ireland..

[mike740] 18/2/2015 15:08

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 “overweight221; 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 “overweight221; 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 “overweight221; 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 “outperform221; 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 “overweight221; rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 924 ($14.25) price target on the stock.
1/8/2015 – 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.
1/7/2015 – St. James's Place plc had its price target raised by analysts at Berenberg Bank from GBX 860 ($13.26) to GBX 950 ($14.65). They now have a “buy” rating on the stock.
1/6/2015 – St. James's Place plc had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 785 ($12.10) price target on the stock.
Shares of St. James's Place plc (LON:STJ) opened at 904.50 on Wednesday. St. James's Place plc has a 52-week low of GBX 637.00 and a 52-week high of GBX 908.50. The stock’s 50-day moving average is GBX 837.9 and its 200-day moving average is GBX 761.2. The company’s market cap is £4.640 billion.

St. James’s Place plc is a financial services holding company, with principal interests in the provision of wealth management advice and services to the clients. The Company offers a range of insurance, investment and other wealth management services, through its subsidiaries, which are principally incorporated in the United Kingdom and Ireland.

[mike740] 18/2/2015 11:08

Broker Comment from Charles Stanley this morning on STJ...

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.

[its the oxman] 18/2/2015 10:38

Should not have sold a few at 825p a while ago. Glad to have my main holding still. Tricky to know when to sell. May be best to hold on as this is probably a long term winner. Just has ability to be very volatile if market turns.

[its the oxman] 29/1/2015 22:07

Getting close to a new high tomorrow?

[mike740] 23/1/2015 10:53

23 Jan 2015 St James's Place PLC STJ Numis Add 859.50 844.50 850.00 980.00 Reiterates

SP TARGET 980p

[mike740] 23/1/2015 08:39

23 Jan 2015 St James's Place PLC STJ Barclays Capital Overweight 848.50 844.50 - 939.00 Reiterates

SP Target 939p

[mike740] 23/1/2015 08:27

23 Jan 2015 St James's Place PLC STJ Deutsche Bank Buy 844.50 844.50 920.00 920.00 Reiterates

SP TARGET 920p

[jeffcranbounre] 22/1/2015 17:33

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[mike740] 22/1/2015 09:43

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

[its the oxman] 05/12/2014 14:53

Roll on 850p for the year end. Be even nicer.

[its the oxman] 28/11/2014 13:04

Break through 800p would nice to see again.

[mike740] 31/10/2014 15:50

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

[mike740] 31/10/2014 13:53

St James's Place's share price was extending gains on Friday after a strong third-quarter update the previous session, with Barclays Capital providing a boost after naming the wealth manager as its top pick within the European insurance sector.

"Throughout SJP's recent period of underperformance, we continued to see its underlying fundamental drivers as undiminished," said Barclays analysts Alan Devlin and Chris Roberts.

[mike740] 31/10/2014 13:52

Yes indeed, going very nicely.

[woodpeckers] 31/10/2014 13:25

Well and truly through that 'roof' now mike! Looking good here again! :-)

[mike740] 31/10/2014 10:20

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

[mike740] 31/10/2014 09:01

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 share price Target 914p.

[bigboots] 30/10/2014 09:32

35% upside from here

30 Oct 2014 St James's Place PLC STJ JP Morgan Cazenove Overweight 706.00 688.00 924.00 924.00 BUY

[woodpeckers] 30/10/2014 07:49

Agree bigboots! Let's hope this helps push the share price back up!

[bigboots] 30/10/2014 07:22

Stunning figures....

[woodpeckers] 30/9/2014 19:22

SJP weakness presents attractive entry point

The recent weakness in St James’s Place (SJP) provides investors with a ‘very attractive entry point’ into the financial sales force, according to Berenberg analyst Matthew Preston.

Shares are down nearly 15% since early March, and Preston believes the current 744p share price ‘fails to give sufficient credit for the company’s expected future growth’.

‘Growth in funds under management and new business continues to trend at or ahead of management targets, fuelling cash flows and future dividends,’ he said.

‘We expect SJP to benefit further from the ongoing fallout from the retail distribution review as trail commissions are turned off.

‘The recent underperformance provides an attractive entry point, with our 860p price target offering 20% upside.’

[woodpeckers] 19/9/2014 08:12

Looking better this morning OXMAN! :-)