St. James’s Place (LON:STJ) Reaches New 12-Month High – Here’s What Happened
by Scott Moore · The Cerbat GemSt. James’s Place plc (LON:STJ – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 1,464 and last traded at GBX 1,461, with a volume of 639378 shares changing hands. The stock had previously closed at GBX 1,442.67.
Analyst Upgrades and Downgrades
STJ has been the subject of several recent analyst reports. Jefferies Financial Group lifted their target price 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 note on Monday, October 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on St. James’s Place from GBX 1,800 to GBX 1,900 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Citigroup increased their target price 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. Finally, JPMorgan Chase & Co. lifted their price target on St. James’s Place from GBX 1,600 to GBX 1,620 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,572.50.
Get Our Latest Analysis on STJ
St. James’s Place Stock Up 1.3%
The firm has a market capitalization of £7.60 billion, a PE ratio of 15.49, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The firm has a 50-day moving average of GBX 1,358.81 and a two-hundred day moving average of GBX 1,296.70.
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.