Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for AJ Bell (LON:AJB)

AJ Bell (LON:AJB)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank Aktiengesellschaft in a report released on Monday, Digital Look reports. They currently have a GBX 700 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price target indicates a potential upside of 23.23% from the company’s current price.

A number of other brokerages also recently weighed in on AJB. Berenberg Bank cut their target price on AJ Bell from GBX 590 to GBX 580 and set a “hold” rating on the stock in a research note on Friday, October 23rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 700 target price on shares of AJ Bell in a report on Thursday, October 22nd. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of GBX 1,276.25.

AJ Bell Trading Down 1.5%

LON:AJB opened at GBX 568.05 on Monday. The company has a debt-to-equity ratio of 5.73, a quick ratio of 7.16 and a current ratio of 109.52. The firm has a market cap of £2.23 billion, a price-to-earnings ratio of 18.73, a price-to-earnings-growth 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. The firm has a 50-day moving average price of GBX 588.65 and a two-hundred day moving average price of GBX 549.44.

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.