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

Key Points

• St. James's Place plc's stock price has recently crossed above its 200-day moving average of GBX 1,136.03, reaching a high of GBX 1,335.50 during trading.
• Multiple analysts have upgraded their price targets for St. James's Place, with current estimates ranging from GBX 1,075 to GBX 1,900, and a consensus rating of "Moderate Buy."
• The company reported a negative net margin of 0.02% for its latest quarter, with expectations to post an EPS of approximately 68 for the fiscal year.

St. James's Place plc (LON:STJ - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,136.03 ($15.17) and traded as high as GBX 1,335.50 ($17.84). St. James's Place shares last traded at GBX 1,325 ($17.69), with a volume of 46,524,902 shares traded.

Analyst Upgrades and Downgrades

Several research firms recently commented on STJ. Royal Bank Of Canada boosted their price objective on shares of St. James's Place from GBX 1,025 to GBX 1,075 and gave the stock a "sector perform" rating in a research report on Monday, July 14th. Berenberg Bank boosted their price objective on shares of St. James's Place from GBX 1,300 to GBX 1,650 and gave the stock a "buy" rating in a research report on Monday, August 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of St. James's Place from GBX 1,800 to GBX 1,900 and gave the stock a "buy" rating in a research report on Thursday, October 2nd. Citigroup boosted their price objective on shares of St. James's Place from GBX 1,400 to GBX 1,510 and gave the stock a "buy" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of St. James's Place from GBX 1,410 to GBX 1,550 and gave the stock an "overweight" rating in a research report on Thursday, August 7th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 1,537.

St. James's Place Stock Performance

The stock's 50 day moving average price is GBX 1,277.27 and its 200 day moving average price is GBX 1,136.03. The company has a current ratio of 0.60, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The company has a market cap of £6.90 billion, a price-to-earnings ratio of 1,405.09, a P/E/G ratio of 1.10 and a beta of 1.23.

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

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