AJ Bell (LON:AJB) Price Target Raised to GBX 510 at Royal Bank Of Canada

AJ Bell (LON:AJB) had its price target increased by equities researchers at Royal Bank Of Canada from GBX 500 to GBX 510 in a research report issued on Friday,Digital Look reports. The firm currently has a “sector perform” rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 625 target price on shares of AJ Bell in a report on Tuesday, April 14th. Shore Capital Group reissued a “hold” rating on shares of AJ Bell in a research report on Friday, April 24th. Citigroup raised shares of AJ Bell to a “neutral” rating and upped their target price for the company from GBX 500 to GBX 520 in a report on Friday, May 8th. Berenberg Bank reiterated a “hold” rating and set a GBX 490 price target on shares of AJ Bell in a report on Friday, April 24th. Finally, UBS Group reissued a “neutral” rating and set a GBX 520 price target on shares of AJ Bell in a research report on Friday, January 16th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 540.63.

AJ Bell Stock Down 1.8%

AJB stock opened at GBX 510 on Friday. The company has a market cap of £2.02 billion, a price-to-earnings ratio of 19.95, a P/E/G ratio of 5.73 and a beta of 0.82. AJ Bell has a twelve month low of GBX 414.40 and a twelve month high of GBX 578.50. The business has a 50 day moving average price of GBX 493.78 and a two-hundred day moving average price of GBX 481.07. The company has a quick ratio of 7.16, a current ratio of 3.67 and a debt-to-equity ratio of 5.55.

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.