AJ BELL PLC

AJB
Real-time Estimate Quote. Real-time Estimate  - 01/27 07:56:40 am
447.75GBX -0.94%

AJ Bell plc : Good timing to anticipate a continuation of the trend

Nicolas Aleksy
Contributor / Partner

Strategy published on : 01/13/2021 | 03:55

long trade
Target price hit

Entry price : 444.5GBX
Target : 480GBX
Stop-loss : 422GBX
Potential : 7.99%

Shares in AJ Bell plc do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Investors have an opportunity to buy the stock and target the GBX 480.

Strengths

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

● For the past twelve months, EPS forecast has been revised upwards.

● The stock is in a well-established, long-term rising trend above the technical support level at 347 GBX


Weaknesses

● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

● Based on current prices, the company has particularly high valuation levels.

● The company benefits from high valuations in earnings multiples.

● Most analysts recommend that the stock should be sold or reduced.

● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.

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