AJ Bell plc (LON:AJB) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• AJ Bell has a consensus “Hold” rating: five of eight covering analysts rate the stock a hold, while three recommend buying it. The average 12-month price target is GBX 1,265.
• The shares opened at GBX 616 and have traded between GBX 414.40 and GBX 662.50 over the past year, with a market capitalization of approximately £2.43 billion.
• AJ Bell reported quarterly EPS of GBX 14.70 on revenue of £182.96 million, alongside a 57.35% return on equity and a 35.42% net margin.

Shares of AJ Bell plc (LON:AJB - Get Free Report) have earned a consensus rating of "Hold" from the eight research firms that are currently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,265.

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of AJ Bell from GBX 600 to GBX 675 and gave the stock a "buy" rating in a research report on Tuesday, June 9th. UBS Group reissued a "buy" rating and set a GBX 630 target price on shares of AJ Bell in a research report on Monday, May 18th. Jefferies Financial Group restated a "buy" rating and set a GBX 625 price target on shares of AJ Bell in a research note on Friday, May 15th. Royal Bank Of Canada lifted their price target on shares of AJ Bell from GBX 500 to GBX 510 and gave the stock a "sector perform" rating in a report on Friday, May 15th. Finally, Citigroup upped their price objective on AJ Bell from GBX 5,200 to GBX 6,000 and gave the company a "neutral" rating in a research note on Thursday, June 11th.

AJ Bell Stock Performance

Shares of AJB stock opened at GBX 616 on Monday. The firm has a 50-day moving average of GBX 605.40 and a 200-day moving average of GBX 539.89. The company has a market cap of £2.43 billion, a P/E ratio of 20.31, a P/E/G ratio of 5.73 and a beta of 0.87. The company has a debt-to-equity ratio of 5.73, a current ratio of 109.52 and a quick ratio of 7.16. AJ Bell has a one year low of GBX 414.40 and a one year high of GBX 662.50.

AJ Bell (LON:AJB - Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 14.70 EPS for the quarter. The business had revenue of £182.96 million for the quarter. AJ Bell had a return on equity of 57.35% and a net margin of 35.42%. Equities research analysts forecast that AJ Bell will post 23.8118812 EPS for the current fiscal year.

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.

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