Jefferies Financial Group Reaffirms "Buy" Rating for AJ Bell (LON:AJB)

Key Points

• Jefferies Financial Group reaffirmed its Buy rating on AJ Bell with a GBX 625 target price, implying roughly a 16.28% upside from the current level.
• The analyst consensus is a Hold (3 Buys, 4 Holds, 1 Sell) with a consensus target of GBX 528.75.
• Shares opened at GBX 537.50 (up ~2.5%), with a market cap of about £2.13bn, a PE of 21.03, and a 12‑month range of GBX 404.80–578.50.

AJ Bell (LON:AJB - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Jefferies Financial Group in a research note issued on Tuesday,Digital Look reports. They currently have a GBX 625 target price on the stock. Jefferies Financial Group's target price would indicate a potential upside of 16.28% from the stock's current price.

A number of other research firms also recently issued reports on AJB. UBS Group reissued a "neutral" rating and issued a GBX 520 price objective on shares of AJ Bell in a report on Friday, January 16th. Shore Capital Group reissued a "buy" rating and issued a GBX 600 target price on shares of AJ Bell in a report on Thursday, January 22nd. Finally, Berenberg Bank reaffirmed a "hold" rating and set a GBX 490 price objective on shares of AJ Bell in a research note on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of GBX 528.75.

AJ Bell Stock Up 2.5%

Shares of LON AJB opened at GBX 537.50 on Tuesday. The firm has a fifty day simple moving average of GBX 453.95 and a two-hundred day simple moving average of GBX 481.76. The firm has a market capitalization of £2.13 billion, a PE ratio of 21.03, a price-to-earnings-growth ratio of 5.73 and a beta of 0.80. The company has a current ratio of 3.67, a quick ratio of 7.16 and a debt-to-equity ratio of 5.55. AJ Bell has a 12 month low of GBX 404.80 and a 12 month high of GBX 578.50.

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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