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St. James’s Place ( (GB:STJ) ) has provided an announcement.
St. James’s Place announced the repurchase of 186,900 of its ordinary shares on the London Stock Exchange, with prices ranging from 1,209 to 1,235 pence per share. The company plans to cancel these shares, reducing the total number of shares in issue to 530,513,729, which may affect shareholder calculations under the Disclosure and Transparency Rules.
The most recent analyst rating on (GB:STJ) stock is a Buy with a £15.30 price target. To see the full list of analyst forecasts on St. James’s Place stock, see the GB:STJ Stock Forecast page.
Spark’s Take on GB:STJ Stock
According to Spark, TipRanks’ AI Analyst, GB:STJ is a Neutral.
St. James’s Place presents a stable outlook with strong revenue growth and strategic initiatives. However, challenges in profitability, cash flow, and bearish technical indicators weigh on the score. The fair valuation and positive earnings sentiment provide support, but improvements in profitability and cash flow are crucial for future growth.
To see Spark’s full report on GB:STJ stock, click here.
More about St. James’s Place
St. James’s Place is a UK-based wealth management company that provides a range of financial services including investment management, retirement planning, and tax advice. The company primarily focuses on serving affluent individuals and families, offering tailored financial solutions to meet their specific needs.
Average Trading Volume: 1,863,302
Technical Sentiment Signal: Buy
Current Market Cap: £6.36B
See more data about STJ stock on TipRanks’ Stock Analysis page.