AJ Bell plc (LON:AJB) Given Average Rating of “Hold” by Brokerages

AJ Bell plc (LON:AJB) has been assigned an average rating of “Hold” from the eight analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 532.50.

A number of equities analysts have recently commented on AJB shares. UBS Group reissued a “neutral” rating and set a GBX 550 price target on shares of AJ Bell in a report on Friday, October 17th. Beaufort Securities reissued a “hold” rating and set a GBX 490 target price on shares of AJ Bell in a research note on Friday, December 5th. Citigroup increased their target price on shares of AJ Bell from GBX 440 to GBX 475 and gave the stock a “sell” rating in a report on Monday, October 20th. Shore Capital reaffirmed a “buy” rating and set a GBX 600 price target on shares of AJ Bell in a report on Friday, December 5th. Finally, Jefferies Financial Group upped their price objective on shares of AJ Bell from GBX 590 to GBX 625 and gave the stock a “buy” rating in a research report on Friday, October 17th.

AJ Bell Stock Up 0.6%

Shares of AJB opened at GBX 453.40 on Friday. AJ Bell has a one year low of GBX 355.20 and a one year high of GBX 578.50. The company has a market cap of £1.82 billion, a P/E ratio of 17.74, a P/E/G ratio of 5.73 and a beta of 0.99. 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 firm has a 50 day simple moving average of GBX 488.62 and a two-hundred day simple moving average of GBX 510.45.

Insider Activity at AJ Bell

In related news, insider Peter Birch sold 37,924 shares of the business’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. Insiders own 23.88% 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.