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

Key Points

• St. James's Place plc (LON:STJ) shares recently crossed above their 200-day moving average, currently priced at GBX 1,286 ($17.38) compared to the average of GBX 1,112.01 ($15.03).
• Equities analysts are optimistic, with several firms raising their price targets; Deutsche Bank set a target of GBX 1,750 and maintained a "buy" rating.
• The company's earnings report revealed an EPS of GBX 52, while forecasts suggest St. James's Place will achieve approximately 68 EPS for the current year.

Shares of St. James's Place plc (LON:STJ - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,112.01 ($15.03) and traded as high as GBX 1,286 ($17.38). St. James's Place shares last traded at GBX 1,286 ($17.38), with a volume of 888,661 shares traded.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on STJ shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of St. James's Place from GBX 1,200 to GBX 1,750 and gave the stock a "buy" rating in a research report on Monday, July 28th. Berenberg Bank boosted their price target on St. James's Place from GBX 1,300 to GBX 1,650 and gave the company a "buy" rating in a report on Monday, August 11th. JPMorgan Chase & Co. boosted their price target on St. James's Place from GBX 1,410 to GBX 1,550 and gave the company an "overweight" rating in a report on Thursday, August 7th. Royal Bank Of Canada boosted their price target on St. James's Place from GBX 1,025 to GBX 1,075 and gave the company a "sector perform" rating in a report on Monday, July 14th. Finally, Citigroup boosted their price target on St. James's Place from GBX 1,210 to GBX 1,400 and gave the company a "buy" rating in a report on Thursday, July 10th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,485.

St. James's Place Trading Down 0.9%

The stock has a market cap of £6.68 billion, a price-to-earnings ratio of 1,351.54, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The firm's 50 day moving average is GBX 1,256.27 and its two-hundred day moving average is GBX 1,112.01. The company has a quick ratio of 3.85, a current ratio of 0.60 and a debt-to-equity ratio of 55.10.

St. James's Place (LON:STJ - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported GBX 52 earnings per share for the quarter. St. James's Place had a negative net margin of 0.02% and a negative return on equity of 0.63%. Equities analysts anticipate that St. James's Place plc will post 67.9947461 EPS for the current year.

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.

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