AJ Bell (LON:AJB) Receives “Buy” Rating from Shore Capital

AJ Bell (LON:AJB)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital in a report issued on Friday,Digital Look reports. They currently have a GBX 600 price objective on the stock. Shore Capital’s price objective suggests a potential upside of 21.85% from the company’s current price.

Several other equities research analysts also recently commented on AJB. Beaufort Securities reiterated a “hold” rating and set a GBX 490 price objective on shares of AJ Bell in a research note on Friday. Deutsche Bank Aktiengesellschaft raised their target price on AJ Bell from GBX 600 to GBX 625 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Citigroup boosted their price target on AJ Bell from GBX 440 to GBX 475 and gave the company a “sell” rating in a research note on Monday, October 20th. UBS Group reissued a “neutral” rating and issued a GBX 550 price objective on shares of AJ Bell in a report on Friday, October 17th. Finally, Jefferies Financial Group lifted their target price on AJ Bell from GBX 590 to GBX 625 and gave the stock a “buy” rating in a report on Friday, October 17th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 532.50.

AJ Bell Stock Performance

AJB stock traded up GBX 8 during trading on Friday, reaching GBX 492.40. The company had a trading volume of 1,740,172 shares, compared to its average volume of 1,352,216. The company has a market cap of £1.98 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. AJ Bell has a twelve month low of GBX 355.20 and a twelve month high of GBX 578.50. The company has a debt-to-equity ratio of 6.46, a quick ratio of 7.16 and a current ratio of 3.63. The firm has a 50-day simple moving average of GBX 532.15 and a 200-day simple moving average of GBX 516.57.

Insider Activity at AJ Bell

In other news, insider Peter Birch bought 4,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was purchased at an average cost of GBX 490 per share, with a total value of £19,600. 23.87% of the stock is owned by insiders.

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.