AJ Bell (LON:AJB) Stock Rating Reaffirmed as Buy by Jefferies Financial Group

AJ Bell (LON:AJB)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a research note issued to investors on Thursday, London Stock Exchange reports. They currently have a GBX 700 price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 16.96% from the company’s previous close.

Separately, Berenberg Bank lifted their price objective on AJ Bell from GBX 560 to GBX 590 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,274.38.

AJ Bell Trading Up 2.0%

Shares of LON AJB traded up GBX 12 during midday trading on Thursday, hitting GBX 598.50. The stock had a trading volume of 279,091 shares, compared to its average volume of 5,216,606. The firm has a market cap of £2.35 billion, a P/E ratio of 19.73, a price-to-earnings-growth ratio of 5.73 and a beta of 0.87. AJ Bell has a fifty-two week low of GBX 414.40 and a fifty-two week high of GBX 662.50. The company has a debt-to-equity ratio of 5.73, a current ratio of 109.52 and a quick ratio of 7.16. The company’s 50-day simple moving average is GBX 593.75 and its 200 day simple moving average is GBX 584.08.

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.