St. James’s Place (LON:STJ) Shares Pass Above 200 Day Moving Average of $1,037.06

St. James’s Place plc (LON:STJ) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1,037.06 and traded as high as $1,068.50. St. James’s Place shares last traded at $1,065.50, with a volume of 936,977 shares traded.

STJ has been the topic of a number of research reports. Royal Bank of Canada dropped their price objective on St. James’s Place from GBX 980 ($12.81) to GBX 950 ($12.41) and set a “sector performer” rating on the stock in a research note on Monday, August 5th. Shore Capital reissued a “buy” rating on shares of St. James’s Place in a research note on Tuesday, October 22nd. UBS Group reissued a “neutral” rating on shares of St. James’s Place in a research note on Wednesday, October 16th. Barclays reissued an “overweight” rating and issued a GBX 1,253 ($16.37) price objective (up previously from GBX 1,241 ($16.22)) on shares of St. James’s Place in a research note on Thursday, October 31st. Finally, Berenberg Bank restated a “buy” rating on shares of St. James’s Place in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 1,124.33 ($14.69).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

The company has a debt-to-equity ratio of 74.22, a current ratio of 3.37 and a quick ratio of 2.28. The firm has a market cap of $5.69 billion and a PE ratio of 38.19. The business has a fifty day moving average price of GBX 993.37 and a two-hundred day moving average price of GBX 1,036.96.

About St. James’s Place (LON:STJ)

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.

See Also: What is Blockchain?

Leave a Reply

Your email address will not be published. Required fields are marked *

*