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

AJ Bell (LON:AJB)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Monday, Digital Look reports. They currently have a GBX 700 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price target would suggest a potential upside of 23.23% from the stock’s previous close.

A number of other research firms have also recently commented on AJB. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 700 price target on shares of AJ Bell in a report on Thursday, October 22nd. Berenberg Bank reduced their price objective on AJ Bell from GBX 590 to GBX 580 and set a “hold” rating for the company in a report on Friday, October 23rd. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, AJ Bell has a consensus rating of “Hold” and a consensus price target of GBX 1,276.25.

AJ Bell Stock Down 1.5%

AJ Bell stock opened at GBX 568.05 on Monday. AJ Bell has a twelve month low of GBX 414.40 and a twelve month high of GBX 662.50. The firm has a 50 day moving average price of GBX 588.65 and a 200-day moving average price of GBX 549.44. The company has a market capitalization of £2.23 billion, a P/E ratio of 18.73, a P/E/G ratio of 5.73 and a beta of 0.87. The company has a quick ratio of 7.16, a current ratio of 109.52 and a debt-to-equity ratio of 5.73.

AJ Bell Company Profile

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.