AJ Bell plc (LON:AJB) Receives Consensus Recommendation of “Hold” from Analysts

Shares of AJ Bell plc (LON:AJB) have been assigned an average rating of “Hold” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 1,265.

Several research firms have issued reports on AJB. Royal Bank Of Canada upped their price target on shares of AJ Bell from GBX 500 to GBX 510 and gave the stock a “sector perform” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of AJ Bell from GBX 600 to GBX 675 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Jefferies Financial Group restated a “buy” rating and set a GBX 625 price objective on shares of AJ Bell in a research note on Friday, May 15th. Citigroup upped their target price on shares of AJ Bell from GBX 5,200 to GBX 6,000 and gave the company a “neutral” rating in a report on Thursday, June 11th. Finally, Berenberg Bank raised their target price on shares of AJ Bell from GBX 560 to GBX 590 and gave the company a “hold” rating in a research note on Tuesday.

AJ Bell Stock Up 0.9%

LON:AJB opened at GBX 600.50 on Thursday. AJ Bell has a twelve month low of GBX 414.40 and a twelve month high of GBX 662.50. The firm has a market capitalization of £2.37 billion, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 5.73 and a beta of 0.87. 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 stock’s 50 day moving average price is GBX 608.96 and its two-hundred day moving average price is GBX 522.01.

AJ Bell (LON:AJB) last released 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 company had revenue of £182.96 million during the quarter. Equities research analysts expect that AJ Bell will post 23.8118812 earnings per share 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.