St. James’s Place (LON:STJ) Share Price Crosses Above Two Hundred Day Moving Average of $1,128.38

St. James’s Place plc (LON:STJ – Get Rating) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,128.38 ($13.97) and traded as high as GBX 1,217 ($15.07). St. James’s Place shares last traded at GBX 1,200 ($14.86), with a volume of 987,195 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on STJ shares. Berenberg Bank decreased their price objective on St. James’s Place from GBX 1,500 ($18.57) to GBX 1,365 ($16.90) and set a “buy” rating on the stock in a research note on Monday, November 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on St. James’s Place from GBX 1,370 ($16.96) to GBX 1,310 ($16.22) and set a “buy” rating on the stock in a research note on Monday, October 24th. Finally, JPMorgan Chase & Co. increased their price objective on St. James’s Place from GBX 1,020 ($12.63) to GBX 1,153 ($14.28) and gave the company a “neutral” rating in a research note on Tuesday, January 17th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 1,504 ($18.62).

St. James’s Place Trading Down 0.9 %

The business has a 50 day simple moving average of GBX 1,155.38 and a 200-day simple moving average of GBX 1,128.38. The company has a current ratio of 4.65, a quick ratio of 3.85 and a debt-to-equity ratio of 63.87. The stock has a market capitalization of £6.47 billion and a price-to-earnings ratio of 1,764.71.

St. James’s Place Company Profile

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St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.