St. James’s Place (LON:STJ) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

St. James’s Place plc (LON:STJ) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 690.79 ($8.68) and traded as high as GBX 878 ($11.03). St. James’s Place shares last traded at GBX 864.81 ($10.87), with a volume of 17,391,918 shares traded.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of St. James’s Place in a research note on Tuesday, September 3rd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 784.25 ($9.86).

St. James’s Place Stock Down 1.7 %

The business has a 50-day moving average of GBX 833.19 and a 200-day moving average of GBX 690.79. 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 stock has a market capitalization of £4.67 billion, a price-to-earnings ratio of -86,481.40, a P/E/G 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.