St. James’s Place (LON:STJ) Reaches New 52-Week Low – Time to Sell?

St. James’s Place plc (LON:STJ)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 1,107.50 and last traded at GBX 1,114, with a volume of 1595820 shares changing hands. The stock had previously closed at GBX 1,204.

Analyst Upgrades and Downgrades

STJ has been the topic of several research reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,700 price objective on shares of St. James’s Place in a research report on Wednesday, April 29th. JPMorgan Chase & Co. dropped their price target on St. James’s Place from GBX 1,686 to GBX 1,663 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 1,400 price objective on shares of St. James’s Place in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft dropped their target price on St. James’s Place from GBX 2,050 to GBX 2,000 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,800 price target on shares of St. James’s Place in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 1,695.43.

St. James’s Place Stock Down 7.8%

The stock has a market capitalization of £5.65 billion, a PE ratio of 11.23, a PEG ratio of 1.10 and a beta of 1.02. The firm’s fifty day moving average is GBX 1,193.13 and its 200-day moving average is GBX 1,285.30. The company has a quick ratio of 3.85, a current ratio of 3.80 and a debt-to-equity ratio of 36.73.

Insider Transactions at St. James’s Place

In other St. James’s Place news, insider Penny James bought 8,418 shares of the company’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of GBX 1,182 per share, for a total transaction of £99,500.76. Insiders own 1.21% of the company’s stock.

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.