AJ Bell’s (AJB) Hold Rating Reiterated at Beaufort Securities

Beaufort Securities reaffirmed their hold rating on shares of AJ Bell (LON:AJB) in a report issued on Friday, Marketbeat Ratings reports. They currently have a GBX 490 target price on the stock.

AJB has been the subject of several other reports. Jefferies Financial Group upped their price target on shares of AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a report on Friday, October 17th. UBS Group reaffirmed a “neutral” rating and set a GBX 550 price objective on shares of AJ Bell in a research note on Friday, October 17th. 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. Shore Capital reaffirmed a “buy” rating and set a GBX 575 price target on shares of AJ Bell in a research report on Thursday, October 23rd. Finally, Citigroup increased their price objective on AJ Bell from GBX 440 to GBX 475 and gave the stock a “sell” rating in a report on Monday, October 20th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, AJ Bell currently has a consensus rating of “Hold” and a consensus target price of GBX 532.50.

AJ Bell Trading Up 1.7%

AJ Bell stock opened at GBX 492.40 on Friday. The business has a 50-day simple moving average of GBX 531.70 and a two-hundred day simple moving average of GBX 517.26. AJ Bell has a 52-week low of GBX 355.20 and a 52-week high of GBX 578.50. The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46. 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.

Insider Buying and Selling at AJ Bell

In related news, insider Peter Birch sold 37,924 shares of the firm’s stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of GBX 543, for a total value of £205,927.32. 23.88% of the stock is owned by corporate insiders.

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.