St. James’s Place (LON:STJ) Hits New 12-Month High – What’s Next?

Shares of St. James’s Place plc (LON:STJ) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 893.25 ($11.38) and last traded at GBX 893 ($11.37), with a volume of 345049 shares trading hands. The stock had previously closed at GBX 875.50 ($11.15).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of St. James’s Place in a research note on Tuesday, September 3rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 784.25 ($9.99).

St. James’s Place Trading Up 0.7 %

The company has a quick ratio of 3.85, a current ratio of 2.91 and a debt-to-equity ratio of 55.10. The company’s 50-day moving average is GBX 795.30 and its 200 day moving average is GBX 653.31. The company has a market cap of £4.87 billion, a price-to-earnings ratio of -89,991.00, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23.

St. James’s Place Company Profile

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.