AJ Bell plc (LON:AJB) Receives Average Rating of “Hold” from Analysts

AJ Bell plc (LON:AJB) has been given an average recommendation of “Hold” by the eight brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 528.75.

Several equities analysts have weighed in on the company. Jefferies Financial Group lifted their target price on AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a research note on Friday, October 17th. UBS Group restated a “neutral” rating and set a GBX 520 price target on shares of AJ Bell in a report on Friday, January 16th. Shore Capital reaffirmed a “buy” rating and set a GBX 600 price objective on shares of AJ Bell in a research report on Thursday, January 22nd. Beaufort Securities reiterated a “hold” rating and issued a GBX 490 price objective on shares of AJ Bell in a research note on Friday, December 5th. Finally, Citigroup increased their target price on shares of AJ Bell from GBX 440 to GBX 475 and gave the stock a “sell” rating in a research report on Monday, October 20th.

AJ Bell Stock Performance

Shares of AJB stock opened at GBX 468.40 on Thursday. The company has a market capitalization of £1.87 billion, a price-to-earnings ratio of 18.33, a P/E/G ratio of 5.73 and a beta of 0.99. AJ Bell has a 1-year low of GBX 355.20 and a 1-year 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. The stock’s fifty day simple moving average is GBX 463.67 and its 200-day simple moving average is GBX 502.94.

Insider Activity

In other news, insider Peter Birch acquired 4,000 shares of AJ Bell stock in a transaction that occurred on Thursday, December 4th. The stock was purchased at an average price of GBX 490 per share, with a total value of £19,600. Corporate insiders own 24.01% of the company’s stock.

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.