St. James’s Place (LON:STJ) Sets New 12-Month High – Still a Buy?

St. James’s Place plc (LON:STJ) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 1,226 ($16.53) and last traded at GBX 1,223 ($16.49), with a volume of 2299876 shares trading hands. The stock had previously closed at GBX 1,224.50 ($16.51).

Wall Street Analysts Forecast Growth

Several research analysts have commented on STJ shares. Citigroup lifted their target price on St. James’s Place from GBX 1,210 ($16.32) to GBX 1,400 ($18.88) and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,410 ($19.02) price target on shares of St. James’s Place in a research note on Tuesday, July 8th.

St. James’s Place Trading Down 0.1%

The company’s fifty day moving average is GBX 1,111.65 and its 200-day moving average is GBX 1,016.66. The company has a debt-to-equity ratio of 55.10, a current ratio of 0.60 and a quick ratio of 3.85. The company has a market capitalization of £6.61 billion, a PE ratio of -1,025.05, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23.

St. James’s Place Company Profile

We plan, grow and protect the financial futures of over one million clients across the UK by providing holistic advice-led wealth management, delivered exclusively by the Partnership, our group of more than 4,900 highly skilled advisers.

We offer an integrated client proposition, through which we provide financial advice, investment product wrappers such as pensions, investment bonds and ISAs, and offer our own range of investment funds and portfolios.