St. James’s Place (LON:STJ) Shares Cross Above 200 Day Moving Average – Time to Sell?

St. James’s Place plc (LON:STJ)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 594.84 ($7.71) and traded as high as GBX 857.74 ($11.12). St. James’s Place shares last traded at GBX 849 ($11.01), with a volume of 1,229,796 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of St. James’s Place in a research report on Tuesday, September 3rd. Royal Bank of Canada increased their target price on St. James’s Place from GBX 550 ($7.13) to GBX 700 ($9.08) and gave the company a “sector perform” rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 784.25 ($10.17).

St. James’s Place Trading Up 0.4 %

The company has a fifty day moving average of GBX 742.58 and a 200-day moving average of GBX 594.84. The company has a current ratio of 2.91, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The company has a market capitalization of £4.58 billion, a price-to-earnings ratio of -84,900.00, a PEG 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.