AJ Bell (LON:AJB) Price Target Cut to GBX 580 by Analysts at Berenberg Bank

AJ Bell (LON:AJB) had its target price decreased by research analysts at Berenberg Bank from GBX 590 to GBX 580 in a research note issued on Friday, London Stock Exchange reports. The brokerage currently has a “hold” rating on the stock. Berenberg Bank‘s price target indicates a potential downside of 1.53% from the company’s previous close.

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 700 price target on shares of AJ Bell in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, AJ Bell has an average rating of “Hold” and an average target price of GBX 1,273.12.

AJ Bell Stock Performance

LON:AJB opened at GBX 589 on Friday. AJ Bell has a 1 year low of GBX 414.40 and a 1 year high of GBX 662.50. The firm has a 50 day moving average of GBX 593.46 and a 200-day moving average of GBX 584.87. The company has a current ratio of 109.52, a quick ratio of 7.16 and a debt-to-equity ratio of 5.73. The stock has a market capitalization of £2.32 billion, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 5.73 and a beta of 0.87.

AJ Bell Company Profile

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets.

Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges.

Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.