AJ Bell plc (LON:AJB) Receives GBX 528.75 Consensus PT from Brokerages

Shares of AJ Bell plc (LON:AJB) have been assigned a consensus rating of “Hold” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 528.75.

A number of brokerages recently weighed in on AJB. Beaufort Securities reissued a “hold” rating and issued a GBX 490 price target on shares of AJ Bell in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of AJ Bell from GBX 625 to GBX 570 and set a “buy” rating for the company in a research report on Friday, December 5th. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 600 price target on shares of AJ Bell in a report on Thursday, January 22nd. UBS Group reiterated a “neutral” rating and issued a GBX 520 price objective on shares of AJ Bell in a research note on Friday, January 16th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 490 target price on shares of AJ Bell in a research report on Thursday, January 22nd.

AJ Bell Stock Up 3.7%

AJ Bell stock traded up GBX 15.40 during trading on Thursday, hitting GBX 434.80. 2,218,727 shares of the company were exchanged, compared to its average volume of 4,692,544. The company has a market capitalization of £1.74 billion, a P/E ratio of 17.01, a PEG ratio of 5.73 and a beta of 0.99. The business’s 50 day moving average is GBX 455.55 and its 200 day moving average is GBX 500.33. AJ Bell has a 52 week low of GBX 355.20 and a 52 week high of GBX 578.50. The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46.

Insiders Place Their Bets

In other AJ Bell news, insider Peter Birch bought 4,000 shares of AJ Bell stock in a transaction dated Thursday, December 4th. The stock was purchased at an average price of GBX 490 per share, for a total transaction of £19,600. 24.01% 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.