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

AJ Bell plc (LON:AJB) has earned an average recommendation of “Hold” from the eight analysts that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,265.

Several research firms have recently weighed in on AJB. Berenberg Bank upped their price target on shares of AJ Bell from GBX 560 to GBX 590 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Citigroup lifted their price objective on AJ Bell from GBX 5,200 to GBX 6,000 and gave the company a “neutral” rating in a research note on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on AJ Bell from GBX 600 to GBX 675 and gave the stock a “buy” rating in a research report on Tuesday, June 9th.

AJ Bell Stock Performance

LON AJB opened at GBX 590 on Friday. The company’s 50 day simple moving average is GBX 602.52 and its two-hundred day simple moving average is GBX 561.76. The company has a debt-to-equity ratio of 5.73, a current ratio of 109.52 and a quick ratio of 7.16. AJ Bell has a 1 year low of GBX 414.40 and a 1 year high of GBX 662.50. The stock has a market capitalization of £2.32 billion, a PE ratio of 19.45, a P/E/G ratio of 5.73 and a beta of 0.87.

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.