AJ Bell (LON:AJB) Trading Up 1.5% – Time to Buy?

AJ Bell plc (LON:AJB) traded up 1.5% during mid-day trading on Thursday . The company traded as high as GBX 436.20 and last traded at GBX 433.80. 606,079 shares were traded during trading, a decline of 84% from the average session volume of 3,807,277 shares. The stock had previously closed at GBX 427.20.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AJB. Shore Capital Group restated a “buy” rating and issued a GBX 600 target price on shares of AJ Bell in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft lowered their price objective on AJ Bell from GBX 625 to GBX 570 and set a “buy” rating for the company in a research note on Friday, December 5th. Beaufort Securities reaffirmed a “hold” rating and set a GBX 490 target price on shares of AJ Bell in a research report on Friday, December 5th. Berenberg Bank restated a “hold” rating and set a GBX 490 price objective on shares of AJ Bell in a research note on Thursday, January 22nd. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 520 target price on shares of AJ Bell in a research note on Friday, January 16th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, AJ Bell presently has a consensus rating of “Hold” and a consensus target price of GBX 528.75.

AJ Bell Price Performance

The firm has a market cap of £1.73 billion, a PE ratio of 16.97, a P/E/G ratio of 5.73 and a beta of 0.99. The company has a debt-to-equity ratio of 6.46, a current ratio of 3.63 and a quick ratio of 7.16. The business’s fifty day moving average is GBX 445.65 and its 200-day moving average is GBX 493.01.

Insider Activity at AJ Bell

In other news, insider Peter Birch acquired 4,000 shares of the company’s stock in a transaction that occurred on 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 24.01% 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.