AJ Bell (LON:AJB) Stock Price Down 1.2% – Should You Sell?

AJ Bell plc (LON:AJB) was down 1.2% during trading on Tuesday . The stock traded as low as GBX 572 and last traded at GBX 579.50. 25,263,021 shares were traded during mid-day trading, an increase of 319% from the average session volume of 6,035,639 shares. The stock had previously closed at GBX 586.50.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Berenberg Bank raised their price objective on AJ Bell from GBX 560 to GBX 590 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. UBS Group reaffirmed a “buy” rating and set a GBX 630 price objective on shares of AJ Bell in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft lifted their price target on AJ Bell from GBX 600 to GBX 675 and gave the company a “buy” rating in a report on Tuesday, June 9th. Finally, Citigroup boosted their target price on AJ Bell from GBX 5,200 to GBX 6,000 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, AJ Bell presently has an average rating of “Hold” and a consensus price target of GBX 1,265.

AJ Bell Trading Down 1.2%

The business has a 50 day moving average of GBX 603.34 and a 200 day moving average of GBX 559.57. The firm has a market capitalization of £2.28 billion, a price-to-earnings ratio of 19.11, a PEG ratio of 5.73 and a beta of 0.87. The company has a debt-to-equity ratio of 5.73, a current ratio of 109.52 and a quick ratio of 7.16.

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.