AJ Bell (LON:AJB) Given Neutral Rating at UBS Group

UBS Group reaffirmed their neutral rating on shares of AJ Bell (LON:AJB) in a research report report published on Friday morning,London Stock Exchange reports. The brokerage currently has a GBX 520 price target on the stock.

Other analysts have also issued research reports about the stock. Shore Capital reiterated a “buy” rating and set a GBX 600 price objective on shares of AJ Bell in a research note on Friday, December 5th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of AJ Bell from GBX 625 to GBX 570 and set a “buy” rating on the stock in a research note on Friday, December 5th. Citigroup upped their price objective on shares of AJ Bell from GBX 440 to GBX 475 and gave the company a “sell” rating in a research report on Monday, October 20th. Jefferies Financial Group raised their target price on AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a research note on Friday, October 17th. Finally, Beaufort Securities reiterated a “hold” rating and issued a GBX 490 price target on shares of AJ Bell in a research note on Friday, December 5th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 528.75.

AJ Bell Stock Performance

Shares of LON:AJB opened at GBX 455.60 on Friday. The business’s 50-day simple moving average is GBX 479.61 and its 200 day simple moving average is GBX 508.53. The company has a market cap of £1.83 billion, a P/E ratio of 17.82, a PEG ratio of 5.73 and a beta of 0.99. The company has a debt-to-equity ratio of 6.46, a quick ratio of 7.16 and a current ratio of 3.63. AJ Bell has a one year low of GBX 355.20 and a one year high of GBX 578.50.

Insider Activity

In related news, insider Peter Birch bought 4,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were acquired at an average price of GBX 490 per share, for a total transaction of £19,600. Company insiders own 23.88% of the company’s stock.

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.