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AJ BELL PLC ( (GB:AJB) ) just unveiled an announcement.
AJ Bell PLC has announced the purchase of 72,005 of its ordinary shares as part of a share buyback program worth up to £25 million. The company plans to cancel these shares, which will reduce the total number of shares in issue to 403,199,139, impacting the company’s share capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (GB:AJB) stock is a Hold with a £550.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.
Spark’s Take on GB:AJB Stock
According to Spark, TipRanks’ AI Analyst, GB:AJB is a Outperform.
AJ Bell PLC’s overall stock score is driven by strong financial performance and positive technical indicators. The company’s robust revenue growth, high profitability, and financial stability are significant strengths. While the valuation is on the higher side, the stock’s technical momentum supports a favorable outlook.
To see Spark’s full report on GB:AJB stock, click here.
More about AJ BELL PLC
AJ Bell PLC operates in the financial services industry, providing investment platforms and stockbroking services primarily focused on retail investors and financial advisers.
Average Trading Volume: 767,584
Technical Sentiment Signal: Buy
Current Market Cap: £2.12B
See more insights into AJB stock on TipRanks’ Stock Analysis page.