Deutsche Bank Aktiengesellschaft Lowers AJ Bell (LON:AJB) Price Target to GBX 570

AJ Bell (LON:AJB) had its target price reduced by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 625 to GBX 570 in a research report issued to clients and investors on Friday,Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 15.76% from the company’s previous close.

Several other equities analysts have also issued reports on AJB. Shore Capital reaffirmed a “buy” rating and set a GBX 600 price target on shares of AJ Bell in a research note on Friday. UBS Group restated a “neutral” rating and set a GBX 550 target price on shares of AJ Bell in a research report on Friday, October 17th. Citigroup raised their target price on shares of AJ Bell from GBX 440 to GBX 475 and gave the company a “sell” rating in a research note on Monday, October 20th. Beaufort Securities reissued a “hold” rating and set a GBX 490 price target on shares of AJ Bell in a research note on Friday. Finally, Jefferies Financial Group raised their price objective on shares of AJ Bell from GBX 590 to GBX 625 and gave the company a “buy” rating in a research note on Friday, October 17th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 532.50.

AJ Bell Trading Up 1.7%

AJB stock traded up GBX 8 during trading on Friday, hitting GBX 492.40. The company had a trading volume of 1,740,172 shares, compared to its average volume of 1,352,216. The firm has a 50-day moving average price of GBX 532.15 and a 200-day moving average price of GBX 516.57. AJ Bell has a 12 month low of GBX 355.20 and a 12 month high of GBX 578.50. The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46. The stock has a market cap of £1.98 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 5.73 and a beta of 0.99.

Insiders Place Their Bets

In other AJ Bell news, insider Peter Birch sold 37,924 shares of AJ Bell stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of GBX 543, for a total transaction of £205,927.32. Corporate insiders own 23.87% of the company’s stock.

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.