AJ Bell plc (LON:AJB) Receives Average Rating of “Hold” from Brokerages

AJ Bell plc (LON:AJB) has received an average recommendation of “Hold” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 542.86.

A number of analysts recently commented on AJB shares. Royal Bank Of Canada raised their price target on AJ Bell from GBX 440 to GBX 460 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. UBS Group restated a “neutral” rating and issued a GBX 550 price objective on shares of AJ Bell in a report on Friday, October 17th. Deutsche Bank Aktiengesellschaft raised their target price on shares of AJ Bell from GBX 600 to GBX 625 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Jefferies Financial Group lifted their target price on shares of AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a research note on Friday, October 17th. Finally, Citigroup increased their price target on shares of AJ Bell from GBX 440 to GBX 475 and gave the stock a “sell” rating in a research note on Monday, October 20th.

AJ Bell Trading Down 1.5%

AJB opened at GBX 504.50 on Friday. AJ Bell has a one year low of GBX 355.20 and a one year high of GBX 578.50. The company has a debt-to-equity ratio of 6.46, a current ratio of 3.63 and a quick ratio of 7.16. The business has a 50 day simple moving average of GBX 530.37 and a two-hundred day simple moving average of GBX 511.97. The firm has a market capitalization of £2.03 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 5.73 and a beta of 0.99.

Insider Buying and Selling at AJ Bell

In other news, insider Peter Birch sold 37,924 shares of the stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of GBX 543, for a total value of £205,927.32. Company insiders own 23.87% of the company’s stock.

About AJ Bell

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.