St. James’s Place (LON:STJ) Reaches New 12-Month High – Should You Buy?

St. James’s Place plc (LON:STJGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 1,575.50 and last traded at GBX 1,550.94, with a volume of 2043457 shares traded. The stock had previously closed at GBX 1,542.50.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Citigroup lifted their price objective on St. James’s Place from GBX 1,590 to GBX 1,790 and gave the company a “buy” rating in a research note on Friday, January 16th. Jefferies Financial Group lifted their price target on 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. UBS Group reiterated a “neutral” rating and issued a GBX 1,475 price target on shares of St. James’s Place in a research note on Friday, January 16th. Royal Bank Of Canada raised their price objective on shares of St. James’s Place from GBX 1,350 to GBX 1,375 and gave the company a “sector perform” rating in a research note on Monday. Finally, JPMorgan Chase & Co. lifted their target price on shares of St. James’s Place from GBX 1,725 to GBX 1,726 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,645.14.

View Our Latest Analysis on St. James’s Place

St. James’s Place Price Performance

The firm has a fifty day moving average of GBX 1,421.97 and a 200 day moving average of GBX 1,332.84. 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 company has a market capitalization of £8.03 billion, a P/E ratio of 16.38, a P/E/G ratio of 1.10 and a beta of 1.23.

St. James’s Place Company Profile

(Get Free Report)

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.

Further Reading

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