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

Shares of AJ Bell plc (LON:AJB) have earned an average recommendation of “Hold” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 576.25.

Several analysts recently commented on AJB shares. Royal Bank Of Canada boosted their price target on AJ Bell from GBX 500 to GBX 510 and gave the stock a “sector perform” rating in a research report on Friday, May 15th. Berenberg Bank boosted their price target on AJ Bell from GBX 490 to GBX 560 and gave the stock a “hold” rating in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft boosted their price target on AJ Bell from GBX 600 to GBX 675 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. UBS Group reiterated a “buy” rating and set a GBX 630 price target on shares of AJ Bell in a research report on Monday, May 18th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 625 price target on shares of AJ Bell in a research report on Friday, May 15th.

AJ Bell Stock Down 2.4%

AJ Bell stock opened at GBX 608 on Wednesday. The stock has a market capitalization of £2.40 billion, a PE ratio of 20.05, a price-to-earnings-growth ratio of 5.73 and a beta of 0.86. AJ Bell has a 12 month low of GBX 414.40 and a 12 month high of GBX 651.34. The business has a 50 day simple moving average of GBX 554.66 and a 200-day simple moving average of GBX 490.82. The company has a debt-to-equity ratio of 5.73, a current ratio of 109.52 and a quick ratio of 7.16.

AJ Bell (LON:AJB) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 14.70 EPS for the quarter. AJ Bell had a return on equity of 57.35% and a net margin of 35.42%.The business had revenue of £182.96 million during the quarter. On average, analysts anticipate that AJ Bell will post 23.8118812 EPS for the current fiscal 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.