AJ Bell (LON:AJB) Price Target Raised to GBX 490

AJ Bell (LON:AJB) had its price target increased by Berenberg Bank from GBX 420 ($5.57) to GBX 490 ($6.50) in a research note published on Monday, Marketbeat.com reports. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts have also weighed in on AJB. Citigroup boosted their target price on AJ Bell from GBX 395 ($5.24) to GBX 410 ($5.44) and gave the company a “sell” rating in a research note on Thursday, July 10th. Royal Bank Of Canada boosted their price objective on AJ Bell from GBX 440 ($5.83) to GBX 460 ($6.10) and gave the company a “sector perform” rating in a research report on Friday, July 25th. Finally, Shore Capital restated a “buy” rating and issued a GBX 550 ($7.29) target price on shares of AJ Bell in a report on Thursday, July 24th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 495 ($6.56).

AJ Bell Price Performance

Shares of LON:AJB opened at GBX 520 ($6.89) on Monday. 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 £2.14 billion, a PE ratio of 26.60, a PEG ratio of 5.73 and a beta of 0.99. The company’s fifty day moving average is GBX 505.29 and its 200 day moving average is GBX 453.50. AJ Bell has a 52 week low of GBX 355.20 ($4.71) and a 52 week high of GBX 558.50 ($7.41).

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.