Jefferies Financial Group Reaffirms Buy Rating for AJ Bell (LON:AJB)

AJ Bell (LON:AJB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 625 price target on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 22.07% from the company’s current price.

Several other research firms have also recently commented on AJB. Royal Bank Of Canada boosted their target price on AJ Bell from GBX 500 to GBX 510 and gave the stock a “sector perform” rating in a research note on Friday. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 490 price target on shares of AJ Bell in a research report on Friday, April 24th. Citigroup upgraded AJ Bell to a “neutral” rating and lifted their price objective for the company from GBX 500 to GBX 520 in a research note on Friday, May 8th. UBS Group reissued a “neutral” rating and set a GBX 520 price objective on shares of AJ Bell in a research report on Friday, January 16th. Finally, Shore Capital Group restated a “hold” rating on shares of AJ Bell in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 540.63.

AJ Bell Stock Down 1.4%

Shares of LON:AJB traded down GBX 7.50 during trading on Friday, hitting GBX 512. The company’s stock had a trading volume of 1,175,636 shares, compared to its average volume of 6,908,643. AJ Bell has a fifty-two week low of GBX 414.40 and a fifty-two week high of GBX 578.50. The business has a 50 day moving average price of GBX 493.78 and a two-hundred day moving average price of GBX 481.07. The company has a debt-to-equity ratio of 5.55, a quick ratio of 7.16 and a current ratio of 3.67. The company has a market capitalization of £2.02 billion, a PE ratio of 20.03, a P/E/G ratio of 5.73 and a beta of 0.82.

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.