AJ Bell plc (LON:AJB) Stock Now Rated “Hold” by Wall Street Analysts

AJ Bell plc (LON:AJB) has been assigned an average rating of “Hold” from the eight analysts that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,276.25.

A number of research analysts have commented on the stock. Berenberg Bank cut their target price on shares of AJ Bell from GBX 590 to GBX 580 and set a “hold” rating on the stock in a research report on Friday, October 23rd. Deutsche Bank restated a “buy” rating and issued a GBX 700 price target on shares of AJ Bell in a report on Monday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 700 price target on shares of AJ Bell in a research report on Thursday, October 22nd.

AJ Bell Stock Down 0.1%

LON:AJB opened at GBX 575.50 on Friday. AJ Bell has a 1-year low of GBX 414.40 and a 1-year high of GBX 662.50. The company has a 50-day moving average of GBX 586.21 and a 200 day moving average of GBX 551.12. The firm has a market cap of £2.25 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of 5.73 and a beta of 0.87. The company has a debt-to-equity ratio of 5.73, a current ratio of 109.52 and a quick ratio of 7.16.

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.