AJ Bell (LON:AJB) Upgraded at Citigroup

AJ Bell (LON:AJB) was upgraded by equities researchers at Citigroup to a “neutral” rating in a research report issued on Friday,London Stock Exchange reports. The brokerage presently has a GBX 520 price target on the stock, up from their prior price target of GBX 500. Citigroup’s price objective points to a potential downside of 1.05% from the company’s current price.

Several other research analysts also recently weighed in on the company. Shore Capital Group reiterated a “hold” rating on shares of AJ Bell in a report on Friday, April 24th. Jefferies Financial Group restated a “buy” rating and set a GBX 625 price objective on shares of AJ Bell in a report on Tuesday, April 14th. UBS Group restated a “neutral” rating and set a GBX 520 price objective on shares of AJ Bell in a report on Friday, January 16th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 490 price objective on shares of AJ Bell in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 534.38.

AJ Bell Trading Down 0.3%

Shares of AJB opened at GBX 525.50 on Friday. The stock has a fifty day moving average of GBX 485.12 and a two-hundred day moving average of GBX 481.91. The company has a debt-to-equity ratio of 5.55, a quick ratio of 7.16 and a current ratio of 3.67. The company has a market capitalization of £2.08 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 5.73 and a beta of 0.80. AJ Bell has a fifty-two week low of GBX 414.40 and a fifty-two week high of GBX 578.50.

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.