St. James's Place plc (LON:STJ - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 543.68 ($7.18) and traded as high as GBX 719 ($9.50). St. James's Place shares last traded at GBX 719 ($9.50), with a volume of 969,744 shares traded.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Berenberg Bank restated a "buy" rating and issued a GBX 750 ($9.91) price objective on shares of St. James's Place in a report on Friday, June 28th. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of St. James's Place in a research note on Tuesday, September 3rd. Finally, Royal Bank of Canada raised their target price on St. James's Place from GBX 550 ($7.27) to GBX 700 ($9.25) and gave the stock a "sector perform" rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, St. James's Place currently has a consensus rating of "Moderate Buy" and an average price target of GBX 784.25 ($10.36).
Read Our Latest Research Report on St. James's Place
St. James's Place Stock Performance
The company has a market cap of £3.97 billion, a price-to-earnings ratio of -73,300.00, a P/E/G ratio of 1.10 and a beta of 1.23. The company has a current ratio of 2.91, a quick ratio of 3.85 and a debt-to-equity ratio of 55.10. The stock's 50 day moving average price is GBX 662.25 and its 200 day moving average price is GBX 543.68.
St. James's Place Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 22nd will be issued a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a dividend yield of 1.07%. St. James's Place's dividend payout ratio (DPR) is presently -140,000.00%.
About St. James's Place
(
Get Free Report)
St. James's Place plc is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in public equity and fixed income market across the globe. The firm was formerly known as St. James's Place Capital plc. St.
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