AJ Bell plc (LON:AJB) Given Average Rating of “Hold” by Brokerages

Shares of AJ Bell plc (LON:AJB) have been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 521.67.

A number of research analysts have recently issued reports on AJB shares. Citigroup raised their price target on shares of AJ Bell from GBX 410 to GBX 440 and gave the stock a “sell” rating in a research report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft boosted their target price on AJ Bell from GBX 600 to GBX 625 and gave the stock a “buy” rating in a report on Friday, October 3rd. Royal Bank Of Canada boosted their target price on shares of AJ Bell from GBX 440 to GBX 460 and gave the stock a “sector perform” rating in a report on Friday, July 25th. Berenberg Bank boosted their price objective on AJ Bell from GBX 420 to GBX 490 and gave the stock a “hold” rating in a report on Monday, July 28th. Finally, Shore Capital reissued a “buy” rating and set a GBX 550 price target on shares of AJ Bell in a research report on Thursday, July 24th.

AJ Bell Stock Up 0.6%

Shares of AJ Bell stock opened at GBX 548.50 on Friday. AJ Bell has a twelve month low of GBX 355.20 and a twelve month high of GBX 558.50. The company has a fifty day moving average price of GBX 516.71 and a 200 day moving average price of GBX 482.66. The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46. The stock has a market cap of £2.21 billion, a price-to-earnings ratio of 2,540.53, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99.

Insiders Place Their Bets

In related news, insider Michael Thomas Summersgill purchased 85,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were acquired at an average price of GBX 513 per share, with a total value of £436,050. 23.79% of the stock is owned by corporate insiders.

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.