AJ Bell (LON:AJB) Reaches New 52-Week High - What's Next?

Shares of AJ Bell plc (LON:AJB - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 549.50 ($7.42) and last traded at GBX 532 ($7.19), with a volume of 242895 shares. The stock had previously closed at GBX 523.50 ($7.07).

Wall Street Analysts Forecast Growth

AJB has been the subject of several research analyst reports. Shore Capital reissued a "buy" rating and issued a GBX 550 ($7.43) price objective on shares of AJ Bell in a report on Thursday. Citigroup increased their price objective on AJ Bell from GBX 395 ($5.34) to GBX 410 ($5.54) and gave the company a "sell" rating in a report on Thursday, July 10th.

AJ Bell Stock Up 2.4%

The stock has a market capitalization of £2.19 billion, a PE ratio of 27.11, a P/E/G ratio of 5.73 and a beta of 0.99. The firm has a 50 day moving average of GBX 500.37 and a two-hundred day moving average of GBX 450.04. The company has a current ratio of 3.63, a quick ratio of 7.16 and a debt-to-equity ratio of 6.46.

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.