Peter Birch Purchases 4,000 Shares of AJ Bell (LON:AJB) Stock

AJ Bell plc (LON:AJB) insider Peter Birch bought 4,000 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The shares were acquired at an average cost of GBX 490 per share, with a total value of £19,600.

Peter Birch also recently made the following trade(s):

• On Tuesday, October 14th, Peter Birch sold 37,924 shares of AJ Bell stock. The shares were sold at an average price of GBX 543, for a total transaction of £205,927.32.

AJ Bell Price Performance

AJB opened at GBX 492.40 on Friday. The company has a market cap of £1.98 billion, a P/E ratio of 22.81, a P/E/G ratio of 5.73 and a beta of 0.99. The company has a 50 day moving average of GBX 531.70 and a two-hundred day moving average of GBX 516.94. The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46. AJ Bell plc has a 52-week low of GBX 355.20 and a 52-week high of GBX 578.50.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AJB. UBS Group reissued a “neutral” rating and issued a GBX 550 price objective on shares of AJ Bell in a research note on Friday, October 17th. Jefferies Financial Group increased their price target on AJ Bell from GBX 590 to GBX 625 and gave the stock a “buy” rating in a report on Friday, October 17th. Shore Capital restated a “buy” rating and set a GBX 600 price objective on shares of AJ Bell in a report on Friday. Beaufort Securities reaffirmed a “hold” rating and issued a GBX 490 price objective on shares of AJ Bell in a research report on Friday. Finally, Citigroup increased their target price on AJ Bell from GBX 440 to GBX 475 and gave the stock a “sell” rating in a research note on Monday, October 20th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 532.50.

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.