AJ Bell plc (LON:AJB) Receives GBX 1,261.25 Consensus Price Target from Analysts

Shares of AJ Bell plc (LON:AJB) have received a consensus recommendation of “Hold” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 1,261.25.

AJB has been the topic of several research analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 625 price objective on shares of AJ Bell in a research note on Friday, May 15th. Citigroup upped their target price on AJ Bell from GBX 5,200 to GBX 6,000 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Berenberg Bank upped their target price on AJ Bell from GBX 490 to GBX 560 and gave the stock a “hold” rating in a report on Friday, May 22nd. 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. Finally, Royal Bank Of Canada raised their price target on AJ Bell from GBX 500 to GBX 510 and gave the company a “sector perform” rating in a research note on Friday, May 15th.

AJ Bell Trading Down 1.1%

AJ Bell stock traded down GBX 6.50 during trading hours on Friday, hitting GBX 607. The company had a trading volume of 379,159 shares, compared to its average volume of 6,560,285. The firm has a market cap of £2.40 billion, a P/E ratio of 20.01, a P/E/G ratio of 5.73 and a beta of 0.87. The company has a debt-to-equity ratio of 5.73, a quick ratio of 7.16 and a current ratio of 109.52. AJ Bell has a 1 year low of GBX 414.40 and a 1 year high of GBX 662.50. The company has a 50-day moving average price of GBX 587.74 and a two-hundred day moving average price of GBX 507.12.

AJ Bell (LON:AJB) last issued its earnings results on Thursday, May 21st. The company reported GBX 14.70 EPS for the quarter. AJ Bell had a net margin of 35.42% and a return on equity of 57.35%. The business had revenue of £182.96 million for the quarter. On average, sell-side analysts anticipate that AJ Bell will post 23.8118812 earnings per share 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.