AJ Bell (LON:AJB) Stock Price Down 1.2% – What’s Next?

AJ Bell plc (LON:AJB – Get Free Report) dropped 1.2% on Tuesday . The stock traded as low as GBX 572 and last traded at GBX 579.50. Approximately 25,263,021 shares traded hands during mid-day trading, an increase of 319% from the average session volume of 6,035,639 shares. The stock had previously closed at GBX 586.50.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AJB shares. Berenberg Bank increased their price target on shares of AJ Bell from GBX 560 to GBX 590 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Citigroup upped their target price on shares of AJ Bell from GBX 5,200 to GBX 6,000 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of AJ Bell from GBX 600 to GBX 675 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Three research 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.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 1,265.

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AJ Bell Stock Performance

The stock has a 50-day moving average price of GBX 602.91 and a 200 day moving average price of GBX 560.64. The company has a quick ratio of 7.16, a current ratio of 109.52 and a debt-to-equity ratio of 5.73. The firm has a market capitalization of £2.31 billion, a price-to-earnings ratio of 19.42, a P/E/G ratio of 5.73 and a beta of 0.87.

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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