Citigroup Issues Positive Forecast for AJ Bell (LON:AJB) Stock Price

AJ Bell (LON:AJB - Free Report) had its target price increased by Citigroup from GBX 395 ($5.37) to GBX 410 ($5.57) in a research note issued to investors on Thursday morning, MarketBeat Ratings reports. They currently have a sell rating on the stock.

Separately, Shore Capital reissued a "buy" rating on shares of AJ Bell in a report on Thursday, April 24th.

AJ Bell Stock Performance

Shares of LON AJB traded up GBX 8 ($0.11) during midday trading on Thursday, reaching GBX 522.50 ($7.10). The company's stock had a trading volume of 571,306 shares, compared to its average volume of 1,647,194. AJ Bell has a 12-month low of GBX 355.20 ($4.83) and a 12-month high of GBX 545 ($7.40). The firm has a 50 day moving average price of GBX 484.99 and a 200-day moving average price of GBX 445.53. The stock has a market capitalization of £2.16 billion, a P/E ratio of 26.72, a PEG ratio of 5.73 and a beta of 0.99. The company has a debt-to-equity ratio of 6.46, a current ratio of 3.63 and a quick ratio of 7.16.

Insider Buying and Selling at AJ Bell

In other news, insider Leslie Michael Platts sold 9,494 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of GBX 419 ($5.69), for a total value of £39,779.86 ($54,041.38). Insiders own 29.60% of the company's stock.

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.