AJ Bell (LON:AJB) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

AJ Bell (LON:AJB) had its price target boosted by research analysts at Jefferies Financial Group from GBX 590 to GBX 625 in a report released on Friday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 18.34% from the company’s current price.

Other research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of AJ Bell from GBX 600 to GBX 625 and gave the company a “buy” rating in a report on Friday, October 3rd. Berenberg Bank raised their target price on shares of AJ Bell from GBX 420 to GBX 490 and gave the stock a “hold” rating in a research report on Monday, July 28th. Citigroup boosted their price target on AJ Bell from GBX 410 to GBX 440 and gave the company a “sell” rating in a report on Wednesday, August 20th. Shore Capital restated a “buy” rating and set a GBX 550 price objective on shares of AJ Bell in a report on Thursday, July 24th. Finally, Royal Bank Of Canada lifted their price objective 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. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, AJ Bell currently has a consensus rating of “Hold” and a consensus price target of GBX 534.29.

AJ Bell Stock Down 2.6%

Shares of LON:AJB opened at GBX 528.14 on Friday. The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46. AJ Bell has a 52-week low of GBX 355.20 and a 52-week high of GBX 558.50. The stock’s fifty day simple moving average is GBX 519.14 and its 200-day simple moving average is GBX 489.71. The company has a market capitalization of £2.13 billion, a P/E ratio of 2,446.23, a P/E/G ratio of 5.73 and a beta of 0.99.

Insider Buying and Selling

In other AJ Bell news, insider Michael Thomas Summersgill acquired 85,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was bought at an average price of GBX 513 per share, with a total value of £436,050. Also, insider Peter Birch sold 37,924 shares of the firm’s stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of GBX 543, for a total transaction of £205,927.32. 23.79% of the stock is currently owned by corporate insiders.

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.