Free Trial

AJ Bell (LON:AJB) Reaches New 12-Month High - Here's What Happened

AJ Bell logo with Financial Services background

AJ Bell plc (LON:AJB - Get Free Report)'s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 500 ($6.53) and last traded at GBX 467.50 ($6.10), with a volume of 172184 shares traded. The stock had previously closed at GBX 481 ($6.28).

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price target on AJ Bell from GBX 370 ($4.83) to GBX 410 ($5.35) and gave the stock a "hold" rating in a research report on Thursday, July 18th.

Read Our Latest Research Report on AJB

AJ Bell Price Performance

The stock has a 50-day moving average price of GBX 443.45 and a 200 day moving average price of GBX 394.42. 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 firm has a market cap of £1.97 billion, a price-to-earnings ratio of 2,415.00, a PEG ratio of 5.73 and a beta of 0.99.

Insider Transactions at AJ Bell

In other news, insider Fiona Clutterbuck bought 4,425 shares of the business's stock in a transaction dated Wednesday, August 21st. The shares were acquired at an average price of GBX 450 ($5.88) per share, for a total transaction of £19,912.50 ($26,002.22). In related news, insider Fiona Clutterbuck purchased 4,425 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were purchased at an average price of GBX 450 ($5.88) per share, with a total value of £19,912.50 ($26,002.22). Also, insider Leslie Michael Platts sold 4,450 shares of the firm's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of GBX 449 ($5.86), for a total value of £19,980.50 ($26,091.02). Over the last 90 days, insiders have bought 21,913 shares of company stock worth $9,529,291. Corporate insiders own 29.60% of the company's stock.

About AJ Bell

(Get Free Report)

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.

Read More

Should you invest $1,000 in AJ Bell right now?

Before you consider AJ Bell, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AJ Bell wasn't on the list.

While AJ Bell currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Alphabet Gaining Momentum: Can It Reach $200 by December?
Build-to-Order: The Strategy Fueling Toll Brothers’ Growth
Billionaires Bet Big on Cavco and Champion Homes

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines