Brokerages Set AJ Bell plc (LON:AJB) Price Target at GBX 1,265

AJ Bell plc (LON:AJB) has been given an average rating of “Hold” by the eight analysts that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,265.

Several analysts recently issued reports on the stock. Berenberg Bank upped their price objective on shares of AJ Bell from GBX 560 to GBX 590 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Citigroup lifted their target price on shares of AJ Bell from GBX 5,200 to GBX 6,000 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of AJ Bell from GBX 600 to GBX 675 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 625 price target on shares of AJ Bell in a research report on Friday, May 15th. Finally, Royal Bank Of Canada lifted their price objective on AJ Bell from GBX 500 to GBX 510 and gave the stock a “sector perform” rating in a research note on Friday, May 15th.

AJ Bell Stock Performance

LON:AJB opened at GBX 614 on Monday. AJ Bell has a 12 month low of GBX 414.40 and a 12 month high of GBX 662.50. The firm has a market cap of £2.42 billion, a price-to-earnings ratio of 20.24, a P/E/G ratio of 5.73 and a beta of 0.87. The company has a quick ratio of 7.16, a current ratio of 109.52 and a debt-to-equity ratio of 5.73. The company’s 50 day moving average is GBX 606.16 and its 200-day moving average is GBX 545.23.

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.