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

AJ Bell (LON:AJB)‘s stock had its “neutral” rating reaffirmed by equities researchers at UBS Group in a report released on Friday,London Stock Exchange reports. They presently have a GBX 520 price objective on the stock. UBS Group’s price target suggests a potential upside of 14.14% from the company’s current price.

Several other equities analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft lowered their price target on AJ Bell from GBX 625 to GBX 570 and set a “buy” rating for the company in a research report on Friday, December 5th. Citigroup upped their price objective on AJ Bell from GBX 440 to GBX 475 and gave the stock a “sell” rating in a research note on Monday, October 20th. Beaufort Securities reiterated a “hold” rating and set a GBX 490 price objective on shares of AJ Bell in a research note on Friday, December 5th. 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 raised their price target on AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a report on Friday, October 17th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 528.75.

AJ Bell Stock Up 1.1%

Shares of AJB opened at GBX 455.60 on Friday. 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 business’s 50 day simple moving average is GBX 479.61 and its 200-day simple moving average is GBX 508.48. 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 capitalization of £1.83 billion, a P/E ratio of 17.82, a PEG ratio of 5.73 and a beta of 0.99.

Insider Buying and Selling at AJ Bell

In other AJ Bell news, insider Peter Birch bought 4,000 shares of AJ Bell stock in a transaction dated Thursday, December 4th. The stock was acquired at an average cost of GBX 490 per share, for a total transaction of £19,600. 23.88% of the stock is currently owned by corporate insiders.

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.