UBS Group Reaffirms “Neutral” Rating for AJ Bell (LON:AJB)

AJ Bell (LON:AJB)‘s stock had its “neutral” rating reiterated by research analysts at UBS Group in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. They currently have a GBX 550 target price on the stock. UBS Group’s target price would indicate a potential upside of 4.14% from the company’s current price.

Other equities analysts have also issued reports about the company. Jefferies Financial Group increased their price target on AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a research note on Friday. Berenberg Bank lifted their target price on AJ Bell from GBX 420 to GBX 490 and gave the stock a “hold” rating in a report on Monday, July 28th. Royal Bank Of Canada boosted their price target on shares of AJ Bell from GBX 440 to GBX 460 and gave the stock a “sector perform” rating in a research report on Friday, July 25th. Shore Capital restated a “buy” rating and set a GBX 550 price objective on shares of AJ Bell in a research report on Thursday, July 24th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of AJ Bell from GBX 600 to GBX 625 and gave the stock a “buy” rating in a report on Friday, October 3rd. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 534.29.

AJ Bell Trading Down 2.6%

AJ Bell stock opened at GBX 528.14 on Friday. The firm has a 50 day simple moving average of GBX 519.14 and a 200-day simple moving average of GBX 489.71. The company has a debt-to-equity ratio of 6.46, a current ratio of 3.63 and a quick ratio of 7.16. The stock has a market capitalization of £2.13 billion, a PE ratio of 2,446.23, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. AJ Bell has a 12-month low of GBX 355.20 and a 12-month high of GBX 558.50.

Insider Activity at AJ Bell

In other news, insider Michael Thomas Summersgill bought 85,000 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were bought at an average cost of GBX 513 per share, with a total value of £436,050. Also, insider Peter Birch sold 37,924 shares of the stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of GBX 543, for a total value of £205,927.32. Insiders own 23.79% 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.