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

St. James’s Place plc (LON:STJ) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 893.25 ($11.32) and last traded at GBX 893 ($11.32), with a volume of 345049 shares changing hands. The stock had previously closed at GBX 875.50 ($11.10).

Analyst Ratings Changes

STJ has been the topic of a number of recent analyst reports. Royal Bank of Canada increased their price target on shares of St. James’s Place from GBX 550 ($6.97) to GBX 700 ($8.87) and gave the stock a “sector perform” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. reissued an “overweight” rating on shares of St. James’s Place in a report on Tuesday, September 3rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 784.25 ($9.94).

St. James’s Place Stock Up 2.0 %

The firm has a market cap of £4.82 billion, a PE ratio of -86,650.00, a PEG ratio of 1.10 and a beta of 1.23. The company has a debt-to-equity ratio of 55.10, a quick ratio of 3.85 and a current ratio of 2.91. The company’s 50-day simple moving average is GBX 788.45 and its two-hundred day simple moving average is GBX 648.67.

About St. James’s Place

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.