We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

UBS upgrades St James's Place to 'buy', highlights earnings growth

Fri 20 February 2026 14:34 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - UBS upgraded its stance on wealth manager St James's Place on Friday to 'buy' from 'neutral' on valuation grounds following the recent selloff, and citing earnings support.

The bank cut its price target on the stock to 1,465p from 1,565p.

It said St James's Place is the cheapest UK asset gatherer, with more than 20% earnings growth.

"Incorporating some AI-related disruption still gives circa 15% upside," UBS said, adding that there are "capital return surprises ahead".

At 1505 GMT, the shares were 1.3% higher at 1,287p.

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More stockbroker tips from ShareCast

    Latest economy and stock market articles