St. James's Place (LON:STJ) Reaches New 12-Month High - Should You Buy?

Key Points

• St. James's Place plc reached a new **52-week high** of GBX 1,363 ($18.12) on Wednesday, closing at GBX 1,349.49 ($17.94) with a trading volume of 1,461,458 shares.
• Analysts have **raised their price targets** for the stock, with Deutsche Bank increasing theirs from GBX 1,200 ($15.96) to GBX 1,750 ($23.27) and retaining a "buy" rating.
• The company reported a quarter EPS of GBX 52 ($0.69) but has a **negative net margin** of 0.02% and a negative return on equity of 0.63%.

St. James's Place plc (LON:STJ - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as GBX 1,363 ($18.33) and last traded at GBX 1,349.49 ($18.15), with a volume of 1461458 shares. The stock had previously closed at GBX 1,353 ($18.20).

Analyst Ratings Changes

A number of research analysts have weighed in on STJ shares. Deutsche Bank Aktiengesellschaft increased their price target on St. James's Place from GBX 1,200 ($16.14) to GBX 1,750 ($23.54) and gave the stock a "buy" rating in a research note on Monday, July 28th. Royal Bank Of Canada increased their price target on St. James's Place from GBX 1,025 ($13.79) to GBX 1,075 ($14.46) and gave the stock a "sector perform" rating in a research note on Monday, July 14th. JPMorgan Chase & Co. upped their price objective on St. James's Place from GBX 1,410 ($18.96) to GBX 1,550 ($20.85) and gave the stock an "overweight" rating in a report on Thursday. Finally, Citigroup upped their price objective on St. James's Place from GBX 1,210 ($16.27) to GBX 1,400 ($18.83) and gave the stock a "buy" rating in a report on Thursday, July 10th.

St. James's Place Trading Down 0.2%

The stock has a market capitalization of £7.01 billion, a price-to-earnings ratio of -1,087.17, a P/E/G 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 0.60. The firm has a fifty day moving average of GBX 1,176.96 and a 200-day moving average of GBX 1,067.34.

St. James's Place (LON:STJ - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported GBX 52 ($0.70) earnings per share for the quarter. St. James's Place had a negative return on equity of 0.63% and a negative net margin of 0.02%. As a group, equities analysts predict that St. James's Place plc will post 67.9947461 earnings per share for the current fiscal year.

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.