AJ Bell’s (AJB) Buy Rating Reaffirmed at Jefferies Financial Group

AJ Bell (LON:AJB)‘s stock had its “buy” rating restated by Jefferies Financial Group in a research note issued on Thursday, London Stock Exchange reports. They presently have a GBX 700 price objective on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 16.96% from the stock’s current price.

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

AJ Bell Price Performance

AJ Bell stock traded up GBX 12 on Thursday, reaching GBX 598.50. The company’s stock had a trading volume of 339,186 shares, compared to its average volume of 5,216,664. The company has a debt-to-equity ratio of 5.73, a quick ratio of 7.16 and a current ratio of 109.52. The company has a market cap of £2.35 billion, a price-to-earnings ratio of 19.73, a PEG ratio of 5.73 and a beta of 0.87. The business’s fifty day moving average price is GBX 593.75 and its 200 day moving average price is GBX 584.08. AJ Bell has a twelve month low of GBX 414.40 and a twelve month high of GBX 662.50.

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.