Brokerages Set AJ Bell plc (LON:AJB) Target Price at GBX 531.88

AJ Bell plc (LON:AJB) has received an average recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 531.88.

A number of research analysts have recently commented on AJB shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 625 price objective on shares of AJ Bell in a research note on Tuesday, April 14th. Citigroup upped their price objective on shares of AJ Bell from GBX 445 to GBX 500 and gave the company a “sell” rating in a research note on Friday, April 17th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 490 price objective on shares of AJ Bell in a research note on Thursday, January 22nd. Shore Capital Group reaffirmed a “buy” rating and set a GBX 600 price objective on shares of AJ Bell in a research note on Thursday, January 22nd. Finally, UBS Group reaffirmed a “neutral” rating and set a GBX 520 price objective on shares of AJ Bell in a research note on Friday, January 16th.

AJ Bell Trading Down 1.4%

LON AJB opened at GBX 534.50 on Tuesday. AJ Bell has a 12 month low of GBX 413.60 and a 12 month high of GBX 578.50. The company has a 50-day moving average of GBX 469.08 and a 200-day moving average of GBX 483.60. The company has a debt-to-equity ratio of 5.55, a current ratio of 3.67 and a quick ratio of 7.16. The company has a market cap of £2.12 billion, a P/E ratio of 20.91, a P/E/G ratio of 5.73 and a beta of 0.80.

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.