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The latest announcement is out from AJ BELL PLC ( (GB:AJB) ).
AJ Bell PLC has executed a share buyback, purchasing 107,243 ordinary shares at an average price of 517.07 pence per share, as part of a £25 million buyback program. The company plans to cancel these shares, reducing the total number of shares in issue to 404,755,406, which may influence shareholder voting rights and market perception.
The most recent analyst rating on (GB:AJB) stock is a Buy with a £574.00 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 its strong financial performance, characterized by robust revenue growth and profitability. Technical analysis presents a mixed picture with neutral momentum indicators. The valuation suggests the stock might be slightly overvalued, but the dividend yield offers some compensation. The absence of earnings call and corporate events data means these factors did not influence the score.
To see Spark’s full report on GB:AJB stock, click here.
More about AJ BELL PLC
AJ Bell PLC is a financial services company that offers investment platforms and stockbroking services, primarily focusing on providing solutions for individual investors and financial advisors in the UK market.
Average Trading Volume: 638,074
Technical Sentiment Signal: Buy
Current Market Cap: £2.07B
Find detailed analytics on AJB stock on TipRanks’ Stock Analysis page.