AJ Bell’s (AJB) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of AJ Bell (LON:AJB) in a report published on Friday, MarketBeat reports. Jefferies Financial Group currently has a GBX 565 ($7.20) price target on the stock.

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

AJ Bell Trading Down 4.5 %

AJ Bell stock opened at GBX 460.54 ($5.87) on Friday. The company has a debt-to-equity ratio of 6.44, a current ratio of 3.75 and a quick ratio of 7.16. The stock has a market capitalization of £1.90 billion, a PE ratio of 2,302.50, a price-to-earnings-growth ratio of 5.73 and a beta of 0.99. The business’s fifty day moving average is GBX 460.02 and its 200 day moving average is GBX 431.61. AJ Bell has a one year low of GBX 258.60 ($3.30) and a one year high of GBX 529 ($6.74).

AJ Bell Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be issued a GBX 8.25 ($0.11) dividend. This represents a dividend yield of 1.66%. This is a boost from AJ Bell’s previous dividend of $4.25. The ex-dividend date is Thursday, January 9th. AJ Bell’s payout ratio is 6,000.00%.

AJ Bell Company Profile

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.