AJ Bell (LON:AJB) Price Target Raised to GBX 560 at Berenberg Bank

AJ Bell (LON:AJB) had its price objective lifted by analysts at Berenberg Bank from GBX 490 to GBX 560 in a research note issued on Friday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Berenberg Bank’s price objective would indicate a potential downside of 11.11% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the stock. UBS Group reaffirmed a “buy” rating and issued a GBX 630 target price on shares of AJ Bell in a report on Monday. Royal Bank Of Canada upped their target price on shares of AJ Bell from GBX 500 to GBX 510 and gave the company a “sector perform” rating in a report on Friday, May 15th. Citigroup raised shares of AJ Bell to a “neutral” rating and upped their target price for the company from GBX 500 to GBX 520 in a report on Friday, May 8th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 625 target price on shares of AJ Bell in a report on Friday, May 15th. Finally, Shore Capital Group reaffirmed a “hold” rating on shares of AJ Bell in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of GBX 563.13.

AJ Bell Stock Up 2.9%

Shares of AJB stock opened at GBX 630 on Friday. The company has a debt-to-equity ratio of 5.55, a quick ratio of 7.16 and a current ratio of 3.67. The firm’s 50-day moving average is GBX 503.43 and its 200-day moving average is GBX 480.75. The stock has a market cap of £2.49 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 5.73 and a beta of 0.82. AJ Bell has a 52-week low of GBX 414.40 and a 52-week high of GBX 635.

AJ Bell (LON:AJB) last issued its earnings results on Thursday, May 21st. The company reported GBX 14.70 earnings per share (EPS) for the quarter. The company had revenue of £182.96 million for the quarter. AJ Bell had a net margin of 33.07% and a return on equity of 50.49%. Sell-side analysts predict that AJ Bell will post 23.8118812 EPS for the current year.

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.