AJ Bell (LON:AJB) Receives Neutral Rating from UBS Group

Key Points

• UBS Group has reiterated a neutral rating for AJ Bell with a price target of GBX 550, indicating a potential upside of 4.27% from the current price.
• Analysts' ratings are mixed: three rate AJ Bell as a Buy, three as Hold, and one as Sell, with a consensus target price of GBX 534.29.
• Insider Michael Thomas Summersgill purchased 85,000 shares at an average price of GBX 513, totaling £436,050, contributing to 23.79% insider ownership in the company.

AJ Bell (LON:AJB - Get Free Report)'s stock had its "neutral" rating reiterated by equities research analysts at UBS Group in a research report issued on Friday,Digital Look reports. They currently have a GBX 550 price target on the stock. UBS Group's price target indicates a potential upside of 4.27% from the stock's current price.

Several other equities analysts also recently commented on the company. Royal Bank Of Canada upped their target price on AJ Bell from GBX 440 to GBX 460 and gave the company a "sector perform" rating in a research report on Friday, July 25th. Shore Capital restated a "buy" rating and issued a GBX 550 price objective on shares of AJ Bell in a report on Thursday, July 24th. Berenberg Bank increased their price objective on AJ Bell from GBX 420 to GBX 490 and gave the company a "hold" rating in a report on Monday, July 28th. Citigroup increased their price target on AJ Bell from GBX 410 to GBX 440 and gave the stock a "sell" rating in a report on Wednesday, August 20th. Finally, Jefferies Financial Group raised their target price on AJ Bell from GBX 590 to GBX 625 and gave the company a "buy" rating in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, AJ Bell has an average rating of "Hold" and a consensus target price of GBX 534.29.

AJ Bell Price Performance

LON:AJB opened at GBX 527.50 on Friday. The company has a debt-to-equity ratio of 6.46, a quick ratio of 7.16 and a current ratio of 3.63. The stock's 50-day simple moving average is GBX 519.01 and its 200 day simple moving average is GBX 488.31. The company has a market cap of £2.13 billion, a P/E ratio of 2,443.26, a P/E/G ratio of 5.73 and a beta of 0.99. AJ Bell has a 52-week low of GBX 355.20 and a 52-week high of GBX 558.50.

Insider Activity

In related news, insider Michael Thomas Summersgill purchased 85,000 shares of AJ Bell stock in a transaction that occurred on Tuesday, August 19th. The shares were bought at an average price of GBX 513 per share, for a total transaction of £436,050. Insiders own 23.79% 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.

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