AJ Bell (LON:AJB) Receives “Sell” Rating from Liberum Capital

Liberum Capital reaffirmed their sell rating on shares of AJ Bell (LON:AJB) in a report issued on Thursday, Stock Target Advisor reports.

Separately, Berenberg Bank initiated coverage on shares of AJ Bell in a research note on Thursday, November 21st. They set a hold rating and a GBX 370 ($4.83) target price for the company.

LON AJB traded down GBX 1 ($0.01) during trading hours on Thursday, reaching GBX 398 ($5.20). 794,710 shares of the company’s stock traded hands. AJ Bell has a 52-week low of GBX 162 ($2.12) and a 52-week high of GBX 482 ($6.30). The firm has a market cap of $1.63 billion and a PE ratio of 6.89. The firm has a 50-day simple moving average of GBX 391.50 and a 200 day simple moving average of GBX 398.95. The company has a debt-to-equity ratio of 1.01, a current ratio of 5.27 and a quick ratio of 5.27.

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 9th will be given a dividend of GBX 3.33 ($0.04) per share. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, January 9th. This is a positive change from AJ Bell’s previous dividend of $1.50. AJ Bell’s dividend payout ratio (DPR) is 0.05%.

About AJ Bell

AJ Bell PLC, through its subsidiaries, operates retail investment platforms in the United Kingdom. Its platforms offer investment administration, dealing, and custody services to regulated financial advisers and wealth managers. The company administers investments in SIPPs, ISAs, LISAs, and general investment/dealing accounts.

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