St James's Place - Live Discussion

oldjoe1 25 Feb 2015

Re: STJ Fantastic Results.... St James's Place "very well positioned", says Berenberg25 February 2015 10:43The "strong performance continues" at St James's Place, according to Berenberg, after 2014 results from the wealth management group topped forecasts on Wednesday.The broker reiterated a 'buy' recommendation and 950p target price for the shares.Berenberg said St James's Place results "reflected a continuation of the positive trends seen in recent years".Operating profits on a European Embedded Value (EEV) basis were 29% higher than 2013 at £596.4m, a 12% beat to consensus, according to Berenberg."Management commentary around the outlook for the business remains positive, believing that new investments and partner growth bode well for the delivery of the medium-term objectives," the broker said."With an ever-widening savings and advice gap in the UK, coupled with the opportunity for St James's Place to export its business model to ex-pat communities, we believe that the company remains very well positioned

oldjoe1 25 Feb 2015

Re: STJ... Broker Comment..... 25 Feb 2015 St James's Place PLC STJ Shore Capital Buy 935.00 892.00 - - Reiterates

oldjoe1 25 Feb 2015

Re: STJ... Broker Comment..... The "strong performance continues" at St James's Place, according to Berenberg, after 2014 results from the wealth management group topped forecasts on Wednesday.The broker reiterated a 'buy' recommendation and 950p target price for the shares, saying: "With an ever-widening savings and advice gap in the UK, coupled with the opportunity for St James's Place to export its business model to ex-pat communities, we believe that the company remains very well positioned."

oldjoe1 25 Feb 2015

Re: STJ Fantastic Results.... BUZZ-St James's Place: divi surprise sends shares to record25 Feb 2015 - 104* Strong divi lifts St James's Place <SJP.L> to all-time high, poised for biggest 1-day pct gain in a yr* Co lifts final divi by 50 pct to 14.37p, more than the 40 pct increase it had flagged to mkt [ID:nL5N0VZ1J5]* Stock, up 4.8 pct, top FTSE 100 <.FTSE> & 2nd most actively traded stock on index, with nearly all of 90-day daily avg volume having gone through* Robust asset growth helped it beat FY cash profit forecasts; wealth manager benefited from govt reforms allowing individuals more tax-free savings at time of low-interest rates that discourage savers from leaving money in bank accounts(RM: [email protected])

oldjoe1 25 Feb 2015

Re: STJ... Broker Comment..... 25 Feb 2015 St James's Place PLC STJ Berenberg Buy 939.25 892.00 950.00 950.00 Reiterates

Grand Cru 25 Feb 2015

Re: STJ Fantastic Results.... These guy seem to know what they are doing. Very nice results - might even top up a bit.

oldjoe1 25 Feb 2015

STJ Fantastic Results.... St James's Place posts FY profit beat, ups dividend25 Feb 2015 - 07:48FY cash profits up 24 pct year on year to 173.8 mln stgUps final dividend by 50 pct, beats expected 40 pct riseAims to pay out 75 pct of cash profits in futureSimon JessopLONDON, Feb 25 (Reuters) – British wealth manager St James's Place posted forecast-beating full-year cash profits on Wednesday, boosted by a rise in assets, underpinning a surprise increase in the firm's final dividend.The group, which also provides a range of services through its Partnership network of financial advisors, said profits rose 24 percent year on year to 173.8 million pounds, boosted by a 20 percent increase in net new funds under management to take the total to 52 billion pounds, from 44.3 billion in the prior year.The jump in profits enabled the company to increase its final dividend by 50 percent from the previous year, to 14.37 pence, more than the 40 percent increase it had flagged to the market."This gives a full year payout of 70 percent of the underlying cash and in future years we expect our dividend payout ratio to be broadly in line with 75 percent of the cash result," Chief Executive David Bellamy said in a statement.St James's Place has benefited from government reforms allowing individuals to save more tax-free, at a time of low-interest rates that discourage savers from leaving money in bank accounts or other money market instruments.(Reporting by Simon Jessop, editing by Sinead Cruise) (([email protected])(+44)(0)(207 542 5052)(Reuters Messaging: Reuters Messaging: [email protected])

oldjoe1 19 Feb 2015

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

oldjoe1 18 Feb 2015

Re: STJ... Broker Comment..... 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 – 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.

oldjoe1 18 Feb 2015

STJ... Broker Comment..... 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 hasbeen on a tear since then and the gain over the last four months now amounts to animpressive 39%. The chart reveals that this surge has lifted it through the closing highs fromlast March, at 879.5p, and to new all-time highs and it is worth pointing out that the rallycontinues to be driven by decent volumes. While it is true that SJP is starting to looking a bitoverbought there is still little in the way of compelling evidence to suggest that the rally isabout to come to an end. Short-term support is now at 865p or so.

nk1999 26 Jan 2015

Peel Hunt From Citywire on Friday:"St James’s Place reiterates ‘unique position’ in advice marketAnother round of strong results from St James’s Place (SJP) backs up dividend growth but the share price looks ‘high enough’ at the moment.Peel Hunt analyst Stuart Duncan retained his ‘hold’ recommendation and target price of 780p on the shares following Q4 results. The shares rose 2.1% to 844.5p yesterday.‘New business in Q4 was up 12%, a fairly impressive performance given more volatile markets and a tough comparative. This highlights the strength of St James’s Place's advice-driven model,’ he said.‘This is now being reflected in cash generation, with the statement reiterating the 40% growth anticipated in the dividend.’Duncan noted the company’s ‘uniquely strong position in the UK advice market, which is now being extended to select overseas locations’.He added: ‘Although with the stock trading on c.22x forecast cash earnings, the shares look high enough in the short-term.’ "

oldjoe1 23 Jan 2015

Re: STJ Broker RECO's. 23 Jan 2015 St James's Place PLC STJ Numis Add 859.50 844.50 850.00 980.00 ReiteratesSP TARGET 980p

oldjoe1 23 Jan 2015

Re: STJ Broker RECO's. 23 Jan 2015 St James's Place PLC STJ Barclays Capital Overweight 848.50 844.50 - 939.00 ReiteratesSP Target 939p

oldjoe1 23 Jan 2015

Re: STJ Broker RECO's. 23 Jan 2015 St James's Place PLC STJ Deutsche Bank Buy 844.50 844.50 920.00 920.00 ReiteratesSP TARGET 920p

oldjoe1 22 Jan 2015

STJ Broker RECO's. Excellent update today and brokers all out recommending.....St James's Place broker viewsDate Broker Recommendation Price Old target price New target price Notes22 Jan Numis Add 832.00 850.00 850.00 Reiterates22 Jan JP Morgan Cazenove Overweight 832.00 924.00 924.00 Retains22 Jan Panmure Gordon Buy 832.00 977.00 977.00 Retains22 Jan Credit Suisse Neutral 832.00 830.00 950.00 Reiterates

St James's Place Live Discussion

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