AJ Bell’s (AJB) Buy Rating Reiterated at Jefferies Financial Group

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

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

AJ Bell Price Performance

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