AJ Bell plc (LON:AJB) Receives Average Recommendation of “Hold” from Brokerages

AJ Bell plc (LON:AJB) has been given an average recommendation of “Hold” by the eight research firms that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 540.63.

A number of brokerages have commented on AJB. Royal Bank Of Canada boosted their price target on shares of AJ Bell from GBX 500 to GBX 510 and gave the company a “sector perform” rating in a research note on Friday. Shore Capital Group restated a “hold” rating on shares of AJ Bell in a research note on Friday, April 24th. UBS Group restated a “neutral” rating and set a GBX 520 price target on shares of AJ Bell in a research note on Friday, January 16th. Citigroup upgraded shares of AJ Bell to a “neutral” rating and boosted their price target for the company from GBX 500 to GBX 520 in a research note on Friday, May 8th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 625 price target on shares of AJ Bell in a research note on Friday.

AJ Bell Stock Performance

Shares of AJB stock opened at GBX 514.50 on Friday. The firm has a market capitalization of £2.03 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 5.73 and a beta of 0.82. The firm has a fifty day simple moving average of GBX 495.14 and a two-hundred day simple moving average of GBX 481.31. The company has a current ratio of 3.67, a quick ratio of 7.16 and a debt-to-equity ratio of 5.55. AJ Bell has a 12 month low of GBX 414.40 and a 12 month high of GBX 578.50.

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.