UBS Group Reiterates “Buy” Rating for AJ Bell (LON:AJB)

AJ Bell (LON:AJB)‘s stock had its “buy” rating reaffirmed by equities researchers at UBS Group in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 630 target price on the stock. UBS Group’s target price indicates a potential upside of 22.33% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 490 price target on shares of AJ Bell in a research note on Friday, April 24th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 625 price objective on shares of AJ Bell in a research report on Friday. Royal Bank Of Canada raised their price objective on shares of AJ Bell from GBX 500 to GBX 510 and gave the company a “sector perform” rating in a report on Friday. Shore Capital Group reaffirmed a “hold” rating on shares of AJ Bell in a research report on Friday, April 24th. Finally, Citigroup upgraded shares of AJ Bell to a “neutral” rating and boosted their target price for the stock from GBX 500 to GBX 520 in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of GBX 554.38.

AJ Bell Stock Performance

Shares of AJ Bell stock opened at GBX 515 on Monday. AJ Bell has a one year low of GBX 414.40 and a one year high of GBX 578.50. The company has a market cap of £2.03 billion, a PE ratio of 20.15, a P/E/G ratio of 5.73 and a beta of 0.82. The company has a debt-to-equity ratio of 5.55, a quick ratio of 7.16 and a current ratio of 3.67. The business has a 50-day simple moving average of GBX 495.14 and a 200-day simple moving average of GBX 480.78.

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.