Brokerages Set AJ Bell plc (LON:AJB) Target Price at GBX 576.25

AJ Bell plc (LON:AJB) has been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 576.25.

AJB has been the topic of a number of recent research reports. Berenberg Bank raised their price objective on shares of AJ Bell from GBX 490 to GBX 560 and gave the company a “hold” rating in a research note on Friday, May 22nd. Royal Bank Of Canada raised their price objective on shares of AJ Bell from GBX 500 to GBX 510 and gave the company a “sector perform” rating in a research note on Friday, May 15th. UBS Group reissued a “buy” rating and set a GBX 630 price target on shares of AJ Bell in a research report on Monday, May 18th. Jefferies Financial Group reissued a “buy” rating and set a GBX 625 price target on shares of AJ Bell in a research report on Friday, May 15th. Finally, Shore Capital Group reissued a “hold” rating on shares of AJ Bell in a research report on Friday, April 24th.

AJ Bell Price Performance

Shares of AJB stock opened at GBX 618.15 on Wednesday. AJ Bell has a 52-week low of GBX 414.40 and a 52-week high of GBX 651.34. The stock has a market cap of £2.44 billion, a PE ratio of 20.38, a PEG ratio of 5.73 and a beta of 0.86. 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’s 50 day moving average price is GBX 554.66 and its two-hundred day moving average price is GBX 490.92.

AJ Bell (LON:AJB) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 14.70 earnings per share (EPS) for the quarter. AJ Bell had a net margin of 35.42% and a return on equity of 57.35%. The firm had revenue of £182.96 million for the quarter. As a group, analysts forecast that AJ Bell will post 23.8118812 EPS for the current year.

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.