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

Shares of AJ Bell plc (LON:AJB) have earned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat Ratings 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 twelve-month target price among brokerages that have covered the stock in the last year is GBX 1,261.25.

AJB has been the subject of a number of recent analyst reports. Citigroup lifted their price target on shares of AJ Bell from GBX 5,200 to GBX 6,000 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of AJ Bell from GBX 600 to GBX 675 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Shore Capital Group restated a “hold” rating on shares of AJ Bell in a research report on Friday, April 24th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 625 target price on shares of AJ Bell in a research note on Friday, May 15th. Finally, Berenberg Bank upped their target price on AJ Bell from GBX 490 to GBX 560 and gave the company a “hold” rating in a research note on Friday, May 22nd.

AJ Bell Stock Down 1.7%

Shares of AJB opened at GBX 603 on Friday. The company has a quick ratio of 7.16, a current ratio of 109.52 and a debt-to-equity ratio of 5.73. The business has a fifty day moving average of GBX 585.98 and a 200 day moving average of GBX 506.42. The company has a market cap of £2.38 billion, a PE ratio of 19.88, a P/E/G ratio of 5.73 and a beta of 0.87. AJ Bell has a 52-week low of GBX 414.40 and a 52-week high of GBX 662.50.

AJ Bell (LON:AJB) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 14.70 earnings per share for the quarter. AJ Bell had a net margin of 35.42% and a return on equity of 57.35%. The business had revenue of £182.96 million for the quarter. On average, sell-side analysts expect that AJ Bell will post 23.8118812 EPS for the current year.

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.