St. James’s Place (LON:STJ) Sets New 1-Year High – What’s Next?

Shares of St. James’s Place plc (LON:STJ) reached a new 52-week high on Monday . The stock traded as high as GBX 1,405.54 and last traded at GBX 1,392, with a volume of 268736 shares trading hands. The stock had previously closed at GBX 1,398.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on STJ shares. Jefferies Financial Group raised their price target on shares of St. James’s Place from GBX 1,160 to GBX 1,600 and gave the stock a “buy” rating in a research report on Monday, October 20th. JPMorgan Chase & Co. raised their target price on shares of St. James’s Place from GBX 1,600 to GBX 1,620 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft upped their target price on St. James’s Place from GBX 1,800 to GBX 1,900 and gave the company a “buy” rating in a report on Thursday, October 2nd. Finally, Citigroup increased their price target on St. James’s Place from GBX 1,510 to GBX 1,590 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,572.50.

St. James’s Place Price Performance

The company has a debt-to-equity ratio of 55.10, a quick ratio of 3.85 and a current ratio of 0.60. The stock has a market capitalization of £7.24 billion, a price-to-earnings ratio of 14.76, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The business’s 50 day simple moving average is GBX 1,342.50 and its 200-day simple moving average is GBX 1,274.23.

St. James’s Place Company Profile

We plan, grow and protect the financial futures of over one million clients across the UK by providing holistic advice-led wealth management, delivered exclusively by the Partnership, our group of more than 4,900 highly skilled advisers.

We offer an integrated client proposition, through which we provide financial advice, investment product wrappers such as pensions, investment bonds and ISAs, and offer our own range of investment funds and portfolios.