St. James’s Place (LON:STJ) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of St. James’s Place plc (LON:STJ) passed above its 200-day moving average during trading on Monday . The stock has a 200-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 Analysts Forecast Growth

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

St. James’s Place Price Performance

The stock has a market capitalization of £4.44 billion, a P/E ratio of -82,550.00, a PEG ratio of 1.10 and a beta of 1.23. 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 firm has a fifty day moving average price of GBX 748.34 and a two-hundred day moving average price of GBX 599.05.

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.