Deutsche Bank Aktiengesellschaft Cuts AJ Bell (LON:AJB) Price Target to GBX 570

AJ Bell (LON:AJB) had its price target decreased by Deutsche Bank Aktiengesellschaft from GBX 625 to GBX 570 in a research report sent to investors on Friday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Several other equities research analysts also recently weighed in on the stock. Citigroup upped their target price 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. UBS Group restated a “neutral” rating and issued a GBX 550 price target on shares of AJ Bell in a research note on Friday, October 17th. Jefferies Financial Group upped their price objective on AJ Bell from GBX 590 to GBX 625 and gave the stock a “buy” rating in a research report on Friday, October 17th. Shore Capital reiterated a “buy” rating and issued a GBX 600 price objective on shares of AJ Bell in a research note on Friday. Finally, Beaufort Securities reissued a “hold” rating and set a GBX 490 target price on shares of AJ Bell in a research note on Friday. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 532.50.

AJ Bell Stock Up 1.7%

Shares of LON:AJB opened at GBX 492.40 on Friday. The firm has a market capitalization of £1.98 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. 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’s 50-day moving average is GBX 531.70 and its two-hundred day moving average is GBX 517.26.

Insider Buying and Selling at AJ Bell

In other news, insider Peter Birch acquired 4,000 shares of AJ Bell stock in a transaction dated Thursday, December 4th. The shares were acquired at an average cost of GBX 490 per share, for a total transaction of £19,600. Insiders own 23.88% 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.