AJ Bell's (AJB) "Buy" Rating Reiterated at Shore Capital

AJ Bell (LON:AJB - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Shore Capital in a note issued to investors on Thursday, MarketBeat Ratings reports.

Separately, Berenberg Bank reissued a "hold" rating and set a GBX 370 ($4.61) price objective on shares of AJ Bell in a research note on Tuesday, January 23rd.

AJ Bell Trading Up 1.7 %

Shares of LON AJB traded up GBX 5 ($0.06) during trading on Thursday, hitting GBX 300 ($3.73). 869,737 shares of the company traded hands, compared to its average volume of 581,224. AJ Bell has a 1 year low of GBX 241.60 ($3.01) and a 1 year high of GBX 346.60 ($4.31). The company has a 50-day moving average price of GBX 305.78 and a 200-day moving average price of GBX 293.30. The firm has a market capitalization of £1.24 billion, a P/E ratio of 1,838.96, a P/E/G ratio of 5.73 and a beta of 0.90. The company has a quick ratio of 7.16, a current ratio of 3.71 and a debt-to-equity ratio of 7.47.

Insiders Place Their Bets

In other AJ Bell news, insider Simon Turner sold 27,267 shares of the business's stock in a transaction on Monday, March 4th. The shares were sold at an average price of GBX 308 ($3.83), for a total value of £83,982.36 ($104,546.69). In other AJ Bell news, insider Peter Birch sold 17,000 shares of the business's stock in a transaction on Thursday, February 8th. The shares were sold at an average price of GBX 327 ($4.07), for a total value of £55,590 ($69,202.04). Also, insider Simon Turner sold 27,267 shares of the business's stock in a transaction on Monday, March 4th. The stock was sold at an average price of GBX 308 ($3.83), for a total transaction of £83,982.36 ($104,546.69). 33.23% of the stock is currently owned by company insiders.

AJ Bell Company Profile

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which offers advisers and clients service, easy-to-use functionality, and a comprehensive investment range at competitive prices; and AJ Bell, an investment platform. It also provides Touch by AJ Bell, an investment platform which help advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients' smartphones; and Dodl by AJ Bell, an investment app.