AJ Bell’s (AJB) “Buy” Rating Reaffirmed at Shore Capital

AJ Bell (LON:AJB)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports.

Separately, Berenberg Bank reiterated a “hold” rating and issued a GBX 370 ($4.61) price objective on shares of AJ Bell in a research report on Tuesday, January 23rd.

AJ Bell Stock Performance

Shares of LON:AJB opened at GBX 301 ($3.75) on Thursday. The company has a current ratio of 3.71, a quick ratio of 7.16 and a debt-to-equity ratio of 7.47. The company has a 50-day moving average price of GBX 305 and a 200-day moving average price of GBX 293.52. The company has a market cap of £1.24 billion, a price-to-earnings ratio of 1,770.59, a price-to-earnings-growth ratio of 5.73 and a beta of 0.90. AJ Bell has a 12 month low of GBX 241.60 ($3.01) and a 12 month high of GBX 346.60 ($4.31).

Insider Activity at AJ Bell

In other news, insider Peter Birch sold 17,000 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of GBX 327 ($4.07), for a total value of £55,590 ($69,202.04). In related news, insider Simon Turner sold 27,267 shares of AJ Bell stock in a transaction dated Monday, March 4th. The shares were sold at an average price of GBX 308 ($3.83), for a total transaction of £83,982.36 ($104,546.69). Also, insider Peter Birch sold 17,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of GBX 327 ($4.07), for a total transaction of £55,590 ($69,202.04). 33.23% of the stock is owned by corporate insiders.

About AJ Bell

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.