Numis Securities Reaffirms Buy Rating for AJ Bell (LON:AJB)

AJ Bell (LON:AJB – Get Rating)‘s stock had its “buy” rating reissued by investment analysts at Numis Securities in a report released on Thursday, Marketbeat.com reports.

A number of other equities research analysts also recently weighed in on the stock. Shore Capital reaffirmed a “hold” rating on shares of AJ Bell in a research report on Thursday, December 1st. Barclays reaffirmed an “underweight” rating and set a GBX 280 ($3.42) price objective on shares of AJ Bell in a research report on Friday, December 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, AJ Bell has a consensus rating of “Hold” and an average target price of GBX 338.33 ($4.13).

AJ Bell Stock Performance

Shares of AJ Bell stock opened at GBX 343.40 ($4.19) on Thursday. The company has a debt-to-equity ratio of 10.47, a quick ratio of 7.16 and a current ratio of 7.55. AJ Bell has a 1 year low of GBX 242.80 ($2.96) and a 1 year high of GBX 404.07 ($4.93). The firm’s 50-day simple moving average is GBX 359.39 and its 200-day simple moving average is GBX 321.07. The firm has a market cap of £1.41 billion and a PE ratio of 3,121.82.

Insiders Place Their Bets

In other AJ Bell news, insider Michael Thomas Summersgill sold 100,000 shares of the company’s stock in a transaction dated Thursday, December 1st. The shares were sold at an average price of GBX 366 ($4.47), for a total value of £366,000 ($446,613.79). In other news, insider Roger Stott sold 17,887 shares of the stock in a transaction that occurred on Friday, December 9th. The shares were sold at an average price of GBX 357 ($4.36), for a total value of £63,856.59 ($77,921.40). Also, insider Michael Thomas Summersgill sold 100,000 shares of the stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of GBX 366 ($4.47), for a total transaction of £366,000 ($446,613.79). In the last 90 days, insiders bought 124 shares of company stock worth $45,034.

AJ Bell Company Profile

(Get Rating)

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which provides a suite of products, services, investment solutions, and online tools for regulated financial advisers and wealth managers to help them manage retail customers' portfolio; and AJ Bell, an investment platform proposition that include investment solutions through in-house funds, ready-made portfolios, and guidance through the AJ Bell funds list to execution-only retail customers, as well as cash savings solutions.