St. James's Place (LON:STJ) Sets New 1-Year High - What's Next?

St. James's Place plc (LON:STJ - Get Free Report)'s stock price reached a new 52-week high on Friday . The stock traded as high as GBX 937 ($11.83) and last traded at GBX 927.50 ($11.71), with a volume of 12274315 shares changing hands. The stock had previously closed at GBX 896 ($11.31).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of St. James's Place in a report on Tuesday, September 3rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 784.25 ($9.90).

St. James's Place Stock Performance

The company has a market capitalization of £4.93 billion, a price-to-earnings ratio of -91,400.00, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The stock has a 50 day moving average of GBX 820.50 and a 200 day moving average of GBX 678.26. The company has a quick ratio of 3.85, a current ratio of 2.91 and a debt-to-equity ratio of 55.10.

St. James's Place Company Profile

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.