St. James's Place (LON:STJ) Reaches New 12-Month High on Analyst Upgrade

St. James's Place plc (LON:STJ - Get Free Report) shares reached a new 52-week high on Monday after Royal Bank Of Canada raised their price target on the stock from GBX 1,025 to GBX 1,075. Royal Bank Of Canada currently has a sector perform rating on the stock. St. James's Place traded as high as GBX 1,226 ($16.46) and last traded at GBX 1,223 ($16.42), with a volume of 2299876 shares traded. The stock had previously closed at GBX 1,224.50 ($16.44).

STJ has been the topic of a number of other research reports. Citigroup increased their price objective on shares of St. James's Place from GBX 1,210 ($16.25) to GBX 1,400 ($18.80) and gave the stock a "buy" rating in a report on Thursday, July 10th. JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 1,410 ($18.93) price objective on shares of St. James's Place in a report on Tuesday, July 8th.

St. James's Place Trading Up 0.5%

The company has a market capitalization of £6.46 billion, a price-to-earnings ratio of -1,001.58, a P/E/G ratio of 1.10 and a beta of 1.23. The business's 50-day simple moving average is GBX 1,127.68 and its 200-day simple moving average is GBX 1,024.05. The company has a debt-to-equity ratio of 55.10, a quick ratio of 3.85 and a current ratio of 0.60.

About St. James's Place

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.