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

AJ Bell (LON:AJB)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 625 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 16.28% from the stock’s previous close.

Several other equities research analysts have also commented on AJB. UBS Group restated a “neutral” rating and issued a GBX 520 price objective on shares of AJ Bell in a research report on Friday, January 16th. Shore Capital Group restated a “buy” rating and issued a GBX 600 price objective on shares of AJ Bell in a research report on Thursday, January 22nd. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 490 price objective on shares of AJ Bell in a research report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 528.75.

AJ Bell Trading Up 2.5%

AJ Bell stock opened at GBX 537.50 on Tuesday. 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. The stock’s 50 day simple moving average is GBX 453.95 and its two-hundred day simple moving average is GBX 481.76. The firm has a market cap of £2.13 billion, a PE ratio of 21.03, a P/E/G ratio of 5.73 and a beta of 0.80.

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.