AJ Bell (LON:AJB) Stock Keeps "Buy" Rating at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reaffirmed its “Buy” rating on AJ Bell and maintained a GBX 700 price target, implying approximately 19.25% upside from the current price.
• Analyst sentiment is mixed: Jefferies also rates AJ Bell “Buy” at GBX 700, while Berenberg downgraded its target to GBX 580 with a “Hold” rating. Overall, the consensus rating is “Hold.”
• AJ Bell shares fell GBX 10.50 to GBX 587 in Friday trading, valuing the company at approximately £2.31 billion; the stock has traded between GBX 414.40 and GBX 662.50 over the past year.

AJ Bell (LON:AJB - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday, Digital Look reports. They presently have a GBX 700 price objective on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential upside of 19.25% from the company's current price.

Several other research analysts have also recently weighed in on the company. Jefferies Financial Group restated a "buy" rating and set a GBX 700 target price on shares of AJ Bell in a report on Thursday. Berenberg Bank dropped their price target on AJ Bell from GBX 590 to GBX 580 and set a "hold" rating for the company in a research report on Friday. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of GBX 1,276.25.

AJ Bell Price Performance

AJB stock traded down GBX 10.50 during mid-day trading on Friday, reaching GBX 587. The company's stock had a trading volume of 245,615 shares, compared to its average volume of 5,194,177. The stock has a market cap of £2.31 billion, a PE ratio of 19.35, a P/E/G ratio of 5.73 and a beta of 0.87. The company has a current ratio of 109.52, a quick ratio of 7.16 and a debt-to-equity ratio of 5.73. AJ Bell has a fifty-two week low of GBX 414.40 and a fifty-two week high of GBX 662.50. The company's 50 day moving average is GBX 593.46 and its two-hundred day moving average is GBX 584.87.

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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