AJ Bell (LON:AJB) Stock Price Up 0.2% – What’s Next?

AJ Bell plc (LON:AJB)’s share price rose 0.2% on Monday . The company traded as high as GBX 610.50 and last traded at GBX 597. Approximately 1,229,192 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 6,110,708 shares. The stock had previously closed at GBX 596.

Analysts Set New Price Targets

AJB has been the subject of several research analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 625 price target on shares of AJ Bell in a research note on Friday, May 15th. Royal Bank Of Canada lifted their price objective 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. UBS Group reiterated a “buy” rating and set a GBX 630 target price on shares of AJ Bell in a report on Monday, May 18th. Berenberg Bank increased their target price on shares of AJ Bell from GBX 490 to GBX 560 and gave the stock a “hold” rating in a research report on Friday, May 22nd. Finally, Citigroup lifted their price target on shares of AJ Bell from GBX 5,200 to GBX 6,000 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, AJ Bell currently has a consensus rating of “Hold” and a consensus target price of GBX 1,261.25.

AJ Bell Stock Performance

The stock has a 50 day simple moving average of GBX 605.64 and a 200 day simple moving average of GBX 519.79. The company has a quick ratio of 7.16, a current ratio of 109.52 and a debt-to-equity ratio of 5.73. The company has a market cap of £2.36 billion, a price-to-earnings ratio of 19.68, a PEG ratio of 5.73 and a beta of 0.87.

AJ Bell (LON:AJB) last posted its earnings results on Thursday, May 21st. The company reported GBX 14.70 earnings per share (EPS) for the quarter. The business had revenue of £182.96 million during the quarter. AJ Bell had a return on equity of 57.35% and a net margin of 35.42%. As a group, analysts predict that AJ Bell plc 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.