St. James’s Place (LON:STJ) Hits New 52-Week High – Here’s Why

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

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of St. James’s Place in a report on Tuesday, September 3rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus 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 debt-to-equity ratio of 55.10, a quick ratio of 3.85 and a current ratio of 2.91. The company’s fifty day moving average is GBX 795.30 and its two-hundred 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 P/E/G ratio of 1.10 and a beta of 1.23.

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.