AJ Bell plc (LON:AJB) Given Consensus Recommendation of “Hold” by Brokerages

Shares of AJ Bell plc (LON:AJB) have earned a consensus recommendation of “Hold” from the seven research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 542.86.

Several research analysts have issued reports on the stock. UBS Group restated a “neutral” rating and set a GBX 550 price target on shares of AJ Bell in a report on Friday, October 17th. Citigroup lifted their price objective on shares of AJ Bell from GBX 440 to GBX 475 and gave the company a “sell” rating in a research note on Monday, October 20th. Jefferies Financial Group lifted their price objective on shares of AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a research note on Friday, October 17th. Shore Capital reiterated a “buy” rating and issued a GBX 575 price objective on shares of AJ Bell in a research note on Thursday, October 23rd. Finally, Berenberg Bank lifted their price objective on shares of AJ Bell from GBX 420 to GBX 490 and gave the company a “hold” rating in a research note on Monday, July 28th.

AJ Bell Stock Up 0.2%

Shares of LON AJB opened at GBX 552 on Tuesday. The company has a 50 day simple moving average of GBX 522.61 and a 200 day simple moving average of GBX 497.31. The firm has a market cap of £2.23 billion, a PE ratio of 25.57, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. AJ Bell has a 1 year low of GBX 355.20 and a 1 year high of GBX 578.50. The company has a debt-to-equity ratio of 6.46, a current ratio of 3.63 and a quick ratio of 7.16.

Insider Buying and Selling at AJ Bell

In other AJ Bell news, insider Michael Thomas Summersgill purchased 85,000 shares of AJ Bell stock in a transaction that occurred on Tuesday, August 19th. The stock was acquired at an average price of GBX 513 per share, with a total value of £436,050. Also, insider Peter Birch sold 37,924 shares of AJ Bell stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of GBX 543, for a total transaction of £205,927.32. Company 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.