AJ Bell plc (LON:AJB) Given Consensus Recommendation of “Hold” by Brokerages

AJ Bell plc (LON:AJB) has earned a consensus rating of “Hold” from the eight ratings firms that are covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 1,265.

A number of research firms have recently commented on AJB. Berenberg Bank raised their price target on AJ Bell from GBX 560 to GBX 590 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Citigroup boosted their price objective on AJ Bell from GBX 5,200 to GBX 6,000 and gave the company a “neutral” rating in a research note on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on AJ Bell from GBX 600 to GBX 675 and gave the stock a “buy” rating in a report on Tuesday, June 9th.

AJ Bell Stock Up 0.2%

AJ Bell stock opened at GBX 590 on Friday. The firm has a 50 day simple moving average of GBX 602.52 and a 200 day simple moving average of GBX 561.76. The company has a current ratio of 109.52, a quick ratio of 7.16 and a debt-to-equity ratio of 5.73. AJ Bell has a 1-year low of GBX 414.40 and a 1-year high of GBX 662.50. The firm has a market capitalization of £2.32 billion, a price-to-earnings ratio of 19.45, a P/E/G 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.