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AJ BELL PLC ( (GB:AJB) ) has shared an update.
AJ Bell PLC has executed a share buyback program, purchasing 68,868 of its ordinary shares at an average price of 537.27 pence per share. This move is part of a broader £25 million buyback initiative announced earlier in the year. The company plans to cancel these shares, reducing the total number of shares in issue to 403,061,295, which will impact the voting rights and shareholding calculations for stakeholders.
The most recent analyst rating on (GB:AJB) stock is a Sell with a £475.00 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 individual investors and financial advisers in the UK market.
Average Trading Volume: 767,477
Technical Sentiment Signal: Buy
Current Market Cap: £2.14B
For an in-depth examination of AJB stock, go to TipRanks’ Overview page.