St. James's Place (LON:STJ) Sets New 52-Week High - Here's Why

Shares of St. James's Place plc (LON:STJ - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 1,207 ($16.28) and last traded at GBX 1,194 ($16.11), with a volume of 644020 shares. The stock had previously closed at GBX 1,172 ($15.81).

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 1,410 ($19.02) target price on shares of St. James's Place in a research report on Tuesday. Citigroup boosted their target price on St. James's Place from GBX 1,210 ($16.32) to GBX 1,400 ($18.89) and gave the stock a "buy" rating in a research report on Thursday.

St. James's Place Trading Down 0.1%

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 business has a 50 day moving average of GBX 1,111.65 and a 200 day moving average of GBX 1,014.57. The firm has a market capitalization of £6.62 billion, a price-to-earnings ratio of -1,026.31, a PEG 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.