St. James’s Place (LON:STJ) Stock Price Passes Above Two Hundred Day Moving Average of $1,141.79

St. James’s Place plc (LON:STJGet Rating)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,141.79 ($13.42) and traded as high as GBX 1,215.01 ($14.28). St. James’s Place shares last traded at GBX 1,197.50 ($14.07), with a volume of 916,935 shares trading hands.

Analyst Ratings Changes

Several brokerages have recently weighed in on STJ. Barclays cut their price objective on shares of St. James’s Place from GBX 1,757 ($20.65) to GBX 1,616 ($18.99) and set an “equal weight” rating on the stock in a report on Tuesday, July 19th. JPMorgan Chase & Co. lowered their price objective on shares of St. James’s Place from GBX 1,380 ($16.22) to GBX 1,040 ($12.22) and set a “neutral” rating for the company in a research report on Thursday, October 13th. Deutsche Bank Aktiengesellschaft reduced their target price on St. James’s Place from GBX 1,370 ($16.10) to GBX 1,310 ($15.39) and set a “buy” rating for the company in a research note on Monday, October 24th. Finally, Berenberg Bank reduced their price objective on St. James’s Place from GBX 1,500 ($17.63) to GBX 1,365 ($16.04) and set a “buy” rating on the stock in a research note on Monday, November 7th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 1,485.17 ($17.45).

St. James’s Place Trading Down 0.8 %

The company has a fifty day moving average price of GBX 1,059.88 and a 200-day moving average price of GBX 1,141.79. The company has a current ratio of 4.65, a quick ratio of 3.85 and a debt-to-equity ratio of 63.87. The firm has a market capitalization of £6.52 billion and a price-to-earnings ratio of 1,761.03.

Insiders Place Their Bets

In other news, insider Paul Manduca acquired 7,000 shares of the stock in a transaction dated Thursday, September 15th. The shares were acquired at an average cost of GBX 1,099 ($12.91) per share, for a total transaction of £76,930 ($90,399.53).

About St. James’s Place

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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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