AJ Bell (LON:AJB) Insider Michael Thomas Summersgill Purchases 85,000 Shares of Stock

AJ Bell plc (LON:AJB) insider Michael Thomas Summersgill bought 85,000 shares of AJ Bell stock in a transaction on Tuesday, August 19th. The stock was acquired at an average price of GBX 513 per share, for a total transaction of £436,050.

AJ Bell Price Performance

LON:AJB opened at GBX 512 on Thursday. AJ Bell plc has a 52 week low of GBX 355.20 and a 52 week high of GBX 558.50. The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46. The company has a market capitalization of £2.11 billion, a P/E ratio of 26.19, a P/E/G ratio of 5.73 and a beta of 0.99. The stock’s fifty day moving average is GBX 513.80 and its two-hundred day moving average is GBX 461.22.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Royal Bank Of Canada lifted their target price on AJ Bell from GBX 440 to GBX 460 and gave the company a “sector perform” rating in a research report on Friday, July 25th. Citigroup boosted their price objective on AJ Bell from GBX 410 to GBX 440 and gave the company a “sell” rating in a report on Wednesday. Shore Capital reiterated a “buy” rating and issued a GBX 550 price objective on shares of AJ Bell in a report on Thursday, July 24th. Finally, Berenberg Bank boosted their price objective on AJ Bell from GBX 420 to GBX 490 and gave the company a “hold” rating in a report on Monday, July 28th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, AJ Bell presently has a consensus rating of “Hold” and an average price target of GBX 501.

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.