AJ Bell (LON:AJB) Stock Price Up 0.3% - Time to Buy?

Key Points

• AJ Bell plc's stock rose by 0.3% to close at GBX 543 ($7.23) amid significantly lower trading volume, down 62% from its average session volume.
• Analysts have mixed ratings for AJ Bell, with three assigning a Buy rating, three a Hold rating, and one a Sell rating, while target prices range from GBX 460 to GBX 625.
• Insider transactions show that Peter Birch sold 37,924 shares, while Michael Thomas Summersgill purchased 85,000 shares, indicating varying confidence among company insiders.

Shares of AJ Bell plc (LON:AJB - Get Free Report) traded up 0.3% on Friday . The company traded as high as GBX 547 ($7.28) and last traded at GBX 543 ($7.23). 547,293 shares were traded during trading, a decline of 62% from the average session volume of 1,441,751 shares. The stock had previously closed at GBX 541.50 ($7.21).

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group boosted their target price on AJ Bell from GBX 590 to GBX 625 and gave the stock a "buy" rating in a research report on Friday, October 17th. Berenberg Bank boosted their target price on AJ Bell from GBX 420 to GBX 490 and gave the stock a "hold" rating in a research report on Monday, July 28th. UBS Group restated a "neutral" rating and set a GBX 550 target price on shares of AJ Bell in a research report on Friday, October 17th. Royal Bank Of Canada boosted their target price on AJ Bell from GBX 440 to GBX 460 and gave the stock a "sector perform" rating in a research report on Friday, July 25th. Finally, Shore Capital restated a "buy" rating and set a GBX 575 target price on shares of AJ Bell in a research report on Thursday. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of GBX 542.86.

AJ Bell Stock Up 0.3%

The business has a fifty day moving average of GBX 521.74 and a 200 day moving average of GBX 494.45. The firm has a market cap of £2.19 billion, a P/E ratio of 25.15, a P/E/G ratio of 5.73 and a beta of 0.99. The company has a quick ratio of 7.16, a current ratio of 3.63 and a debt-to-equity ratio of 6.46.

Insider Transactions at AJ Bell

In related news, insider Peter Birch sold 37,924 shares of the company's stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of GBX 543, for a total value of £205,927.32. Also, insider Michael Thomas Summersgill bought 85,000 shares of the firm's stock in a transaction on Tuesday, August 19th. The stock was acquired at an average cost of GBX 513 per share, with a total value of £436,050. Corporate 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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