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

AJ Bell (LON:AJB)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a report released on Friday, Marketbeat.com reports. They presently have a GBX 565 ($7.20) price objective on the stock. Jefferies Financial Group’s target price suggests a potential upside of 22.69% from the company’s current price.

Separately, Shore Capital restated a “hold” rating on shares of AJ Bell in a research report on Friday.

AJ Bell Stock Performance

Shares of AJB stock opened at GBX 460.50 ($5.87) on Friday. The firm’s 50 day moving average is GBX 460.02 and its 200 day moving average is GBX 431.12. The stock has a market capitalization of £1.90 billion, a P/E ratio of 2,302.50, a PEG ratio of 5.73 and a beta of 0.99. AJ Bell has a 12 month low of GBX 258.60 ($3.30) and a 12 month high of GBX 529 ($6.74). The company has a current ratio of 3.75, a quick ratio of 7.16 and a debt-to-equity ratio of 6.44.

About AJ Bell

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.