AJ Bell’s (AJB) “Buy” Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of AJ Bell (LON:AJB) in a research report released on Friday morning, Marketbeat.com reports. They currently have a GBX 600 target price on the stock.

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

AJ Bell Stock Performance

Shares of AJB stock opened at GBX 492.40 on Friday. The business has a fifty day moving average of GBX 531.70 and a 200 day moving average of GBX 517.26. AJ Bell has a 1 year low of GBX 355.20 and a 1 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 firm has a market capitalization 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.

Insider Transactions at AJ Bell

In other news, insider Peter Birch purchased 4,000 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were purchased at an average cost of GBX 490 per share, with a total value of £19,600. Company insiders own 23.88% of the company’s stock.

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.