AJ Bell (LON:AJB) Earns Underweight Rating from Barclays

AJ Bell (LON:AJBGet Rating)‘s stock had its “underweight” rating reiterated by equities researchers at Barclays in a note issued to investors on Monday, MarketBeat reports. They presently have a GBX 320 ($4.03) target price on the stock. Barclays‘s price objective suggests a potential upside of 19.94% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 405 ($5.10) target price on shares of AJ Bell in a report on Thursday, March 24th. Berenberg Bank dropped their target price on shares of AJ Bell from GBX 400 ($5.03) to GBX 300 ($3.78) and set a “hold” rating on the stock in a research report on Monday, April 25th. Finally, Shore Capital restated a “buy” rating on shares of AJ Bell in a research note on Thursday, April 21st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, AJ Bell currently has an average rating of “Hold” and an average target price of GBX 377 ($4.74).

Shares of AJ Bell stock opened at GBX 266.80 ($3.36) on Monday. The company has a market capitalization of £1.10 billion and a P/E ratio of 24.86. The stock has a fifty day simple moving average of GBX 283.70 and a 200 day simple moving average of GBX 330.84. AJ Bell has a 12-month low of GBX 242.80 ($3.06) and a 12-month high of GBX 452.40 ($5.69). The company has a current ratio of 8.22, a quick ratio of 7.88 and a debt-to-equity ratio of 11.93.

AJ Bell Company Profile (Get Rating)

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which provides a suite of products, services, investment solutions, and online tools for regulated financial advisers and wealth managers to help them manage retail customers' portfolio; and AJ Bell Youinvest, an investment platform proposition that include investment solutions through in-house funds, ready-made portfolios, and guidance through the AJ Bell funds list to execution-only retail customers, as well as cash savings solutions.

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