AJ Bell (LON:AJB) Trading Up 0.6% – What’s Next?

AJ Bell plc (LON:AJB)’s stock price was up 0.6% during trading on Monday . The company traded as high as GBX 459.40 and last traded at GBX 453.20. Approximately 4,814,933 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 7,324,921 shares. The stock had previously closed at GBX 450.40.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. UBS Group reaffirmed a “neutral” rating and set a GBX 520 price objective on shares of AJ Bell in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft dropped their target price on AJ Bell from GBX 625 to GBX 570 and set a “buy” rating on the stock in a report on Friday, December 5th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 600 price target on shares of AJ Bell in a report on Thursday, January 22nd. Beaufort Securities reaffirmed a “hold” rating and set a GBX 490 price objective on shares of AJ Bell in a research report on Friday, December 5th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 490 price objective on shares of AJ Bell in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, AJ Bell currently has a consensus rating of “Hold” and a consensus target price of GBX 528.75.

AJ Bell Trading Up 2.3%

The business has a 50-day moving average of GBX 445.24 and a 200-day moving average of GBX 483.95. The stock has a market capitalization of £1.84 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 5.73 and a beta of 0.99. The company has a debt-to-equity ratio of 5.55, a quick ratio of 7.16 and a current ratio of 3.67.

AJ Bell Company Profile

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.