AJ Bell (LON:AJB) Given Buy Rating at Jefferies Financial Group

AJ Bell (LON:AJB)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a note issued to investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 700 price target on the stock. Jefferies Financial Group‘s target price suggests a potential upside of 17.15% from the company’s current price.

Separately, Berenberg Bank boosted their price target on shares of AJ Bell from GBX 560 to GBX 590 and gave the company a “hold” rating in a research note on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,274.38.

AJ Bell Stock Up 1.9%

Shares of LON:AJB traded up GBX 11 during trading on Thursday, reaching GBX 597.50. 629,560 shares of the stock were exchanged, compared to its average volume of 5,218,316. AJ Bell has a 1-year low of GBX 414.40 and a 1-year high of GBX 662.50. The stock has a fifty day moving average of GBX 593.75 and a two-hundred day moving average of GBX 584.08. The company has a debt-to-equity ratio of 5.73, a current ratio of 109.52 and a quick ratio of 7.16. The firm has a market cap of £2.35 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 5.73 and a beta of 0.87.

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.