St. James’s Place (LON:STJ) Stock Price Crosses Above Two Hundred Day Moving Average of $545.18

St. James’s Place plc (LON:STJ)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 545.18 ($6.92) and traded as high as GBX 557 ($7.07). St. James’s Place shares last traded at GBX 550 ($6.98), with a volume of 3,014,459 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Barclays reiterated an “overweight” rating and issued a GBX 700 ($8.88) price objective on shares of St. James’s Place in a research note on Wednesday, May 1st. JPMorgan Chase & Co. upgraded St. James’s Place to an “overweight” rating in a research report on Monday, June 3rd. Royal Bank of Canada downgraded St. James’s Place to a “sector perform” rating and set a GBX 500 ($6.34) price objective on the stock. in a research report on Friday, March 22nd. Berenberg Bank cut their target price on shares of St. James’s Place from GBX 850 ($10.78) to GBX 750 ($9.51) and set a “buy” rating for the company in a research note on Monday, March 11th. Finally, Citigroup raised shares of St. James’s Place to a “buy” rating in a research note on Thursday, February 29th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, St. James’s Place presently has an average rating of “Moderate Buy” and a consensus target price of GBX 646.75 ($8.20).

St. James’s Place Stock Up 1.0 %

The firm has a 50 day moving average price of GBX 490.72 and a two-hundred day moving average price of GBX 545.18. The firm has a market capitalization of £3.02 billion, a price-to-earnings ratio of -27,500.00, a price-to-earnings-growth ratio of 1.10 and a beta of 1.20. The company has a current ratio of 1.10, a quick ratio of 3.85 and a debt-to-equity ratio of 37.81.

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.