AJ Bell (LON:AJB) Given Buy Rating at Deutsche Bank Aktiengesellschaft

AJ Bell (LON:AJB)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday, Digital Look reports. They currently have a GBX 700 target price on the stock. Deutsche Bank Aktiengesellschaft‘s target price would suggest a potential upside of 19.25% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 700 target price on shares of AJ Bell in a report on Thursday. Berenberg Bank reduced their target price on AJ Bell from GBX 590 to GBX 580 and set a “hold” rating on the stock in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, AJ Bell presently has an average rating of “Hold” and a consensus price target of GBX 1,276.25.

AJ Bell Price Performance

Shares of AJB traded down GBX 10.50 during trading hours on Friday, reaching GBX 587. 21,624,123 shares of the company’s stock traded hands, compared to its average volume of 5,297,956. The company has a current ratio of 109.52, a quick ratio of 7.16 and a debt-to-equity ratio of 5.73. AJ Bell has a 12 month low of GBX 414.40 and a 12 month high of GBX 662.50. The firm’s 50 day simple moving average is GBX 593.46 and its 200-day simple moving average is GBX 584.87. The stock has a market cap of £2.31 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 5.73 and a beta of 0.87.

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.