Deutsche Bank Aktiengesellschaft Lowers AJ Bell (LON:AJB) Price Target to GBX 570

AJ Bell (LON:AJB) had its price objective cut by research analysts at Deutsche Bank Aktiengesellschaft from GBX 625 to GBX 570 in a note issued to investors on Friday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 15.76% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. UBS Group reissued a “neutral” rating and set a GBX 550 price target on shares of AJ Bell in a research report on Friday, October 17th. Shore Capital reissued a “buy” rating and issued a GBX 600 price target on shares of AJ Bell in a research report on Friday. Jefferies Financial Group upped their price target on AJ Bell from GBX 590 to GBX 625 and gave the stock a “buy” rating in a research note on Friday, October 17th. Citigroup lifted their price objective on AJ Bell from GBX 440 to GBX 475 and gave the company a “sell” rating in a research note on Monday, October 20th. Finally, Beaufort Securities reissued a “hold” rating and issued a GBX 490 target price on shares of AJ Bell in a report on Friday. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 532.50.

AJ Bell Stock Performance

Shares of AJB stock opened at GBX 492.40 on Friday. The company’s fifty day moving average price is GBX 531.70 and its 200-day moving average price is GBX 516.94. The stock has a market cap of £1.98 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46. AJ Bell has a 12 month low of GBX 355.20 and a 12 month high of GBX 578.50.

Insider Buying and Selling at AJ Bell

In other news, insider Peter Birch sold 37,924 shares of the company’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of GBX 543, for a total transaction of £205,927.32. 23.88% of the stock is 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.