AJ Bell (LON:AJB) Shares Climb 2.2% – Here’s What Happened

AJ Bell plc (LON:AJB)’s stock price traded up 2.2% during trading on Friday. The stock traded as high as GBX 595 and last traded at GBX 592.50. 437,026 shares changed hands during trading, a decline of 92% from the average session volume of 5,416,930 shares. The stock had previously closed at GBX 579.50.

Analyst Ratings Changes

A number of equities research analysts have weighed in on AJB shares. Berenberg Bank upped their target price on AJ Bell from GBX 560 to GBX 590 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Citigroup lifted their price target on AJ Bell from GBX 5,200 to GBX 6,000 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,265.

AJ Bell Stock Performance

The company has a current ratio of 109.52, a quick ratio of 7.16 and a debt-to-equity ratio of 5.73. The company’s 50-day moving average price is GBX 596.29 and its two-hundred day moving average price is GBX 576.38. The company has a market cap of £2.33 billion, a P/E ratio of 19.54, a price-to-earnings-growth ratio of 5.73 and a beta of 0.87.

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.