St. James’s Place (LON:STJ) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

St. James’s Place plc (LON:STJ – Get Free Report) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 1,093.82 and traded as high as GBX 1,145.75. St. James’s Place shares last traded at GBX 1,145, with a volume of 3,000,294 shares traded.

Analyst Ratings Changes

Several brokerages recently issued reports on STJ. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,050 price target on shares of St. James’s Place in a report on Thursday, July 30th. Citigroup cut their price target on St. James’s Place from GBX 1,830 to GBX 1,820 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,700 price objective on shares of St. James’s Place in a report on Wednesday, July 29th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,945 price objective on shares of St. James’s Place in a report on Friday, October 30th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 1,721.86.

View Our Latest Report on STJ

St. James’s Place Stock Up 0.8%

The business has a 50-day moving average price of GBX 1,093.82 and a 200-day moving average price of GBX 1,204.11. The company has a market capitalization of £5.68 billion, a price-to-earnings ratio of 10.83, a price-to-earnings-growth ratio of 1.10 and a beta of 1.02. The company has a quick ratio of 3.85, a current ratio of 0.39 and a debt-to-equity ratio of 33.04.

Insiders Place Their Bets

In other St. James’s Place news, insider Paul Manduca bought 3,624 shares of St. James’s Place stock in a transaction dated Wednesday, September 23rd. The stock was bought at an average price of GBX 1,098 per share, for a total transaction of £39,791.52. Insiders own 1.22% of the company’s stock.

About St. James’s Place

(Get Free Report)

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.

Further Reading

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