Deutsche Bank Aktiengesellschaft Increases AJ Bell (LON:AJB) Price Target to GBX 675

AJ Bell (LON:AJB – Get Free Report) had its target price upped by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 600 to GBX 675 in a research note issued to investors on Tuesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 10.29% from the stock’s previous close.

Several other equities analysts have also weighed in on AJB. Shore Capital Group restated a “hold” rating on shares of AJ Bell in a research report on Friday, April 24th. Royal Bank Of Canada increased their target price on shares of AJ Bell from GBX 500 to GBX 510 and gave the company a “sector perform” rating in a research note on Friday, May 15th. Berenberg Bank raised their target price on shares of AJ Bell from GBX 490 to GBX 560 and gave the stock a “hold” rating in a report on Friday, May 22nd. Jefferies Financial Group restated a “buy” rating and issued a GBX 625 price target on shares of AJ Bell in a research report on Friday, May 15th. Finally, Citigroup raised AJ Bell to a “neutral” rating and upped their price target for the company from GBX 500 to GBX 520 in a report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 576.25.

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AJ Bell Price Performance

Shares of AJB stock traded up GBX 11 during mid-day trading on Tuesday, hitting GBX 612. 371,563 shares of the stock traded hands, compared to its average volume of 6,803,709. AJ Bell has a twelve month low of GBX 414.40 and a twelve month high of GBX 651.34. The firm has a market cap of £2.42 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 5.73 and a beta of 0.82. The company’s 50-day simple moving average is GBX 543.12 and its 200-day simple moving average is GBX 487.90. The company has a debt-to-equity ratio of 5.73, a quick ratio of 7.16 and a current ratio of 109.52.

AJ Bell (LON:AJB – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 14.70 earnings per share for the quarter. AJ Bell had a return on equity of 57.35% and a net margin of 35.42%.The business had revenue of £182.96 million during the quarter. As a group, equities research analysts expect that AJ Bell will post 23.8118812 earnings per share for the current year.

AJ Bell Company Profile

(Get Free Report)

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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