AJ BELL PLC (GB:AJB)
LSE:AJB
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AJ BELL PLC
(LSE:AJB)
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Rating:65Neutral
Price Target:
518.00 p
▲(6.76% Upside)
Action:DowngradedDate:12/11/25
AJ Bell PLC's strong financial performance is the most significant factor, highlighting robust growth and profitability. However, technical analysis indicates bearish momentum, which negatively impacts the overall score. The valuation is fair but not compelling enough to offset the technical weaknesses.
Positive Factors
Revenue Growth
Consistent revenue growth indicates a strong market position and effective business model, supporting long-term expansion and competitiveness.
Negative Factors
Market Sentiment
Bearish momentum can impact investor confidence and stock performance, potentially affecting capital raising and strategic initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent revenue growth indicates a strong market position and effective business model, supporting long-term expansion and competitiveness.
Read all positive factors
AJ BELL PLC (AJB) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.92B
Dividend Yield2.43%
Average Volume (3M)1.03M
Price to Earnings (P/E)21.1
Beta (1Y)0.90
Revenue Growth17.97%
EPS Growth25.51%
CountryUK
Employees1,460
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.13
Shares Outstanding396,409,940
10 Day Avg. Volume585,076
30 Day Avg. Volume1,025,255
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)10.19
Price to Sales (P/S)6.97
P/FCF Ratio26.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£517.50Price Target Upside6.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)0.26
Revenue Forecast (FY)£352.34M
AJ BELL PLC Business Overview & Revenue Model
Company Description
AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which provides a suite of products, services, investment solutions, and online tools for regulated financial advis...
How the Company Makes Money
AJ Bell generates revenue through several key streams, primarily from fees charged on assets under administration (AUA). The company earns ongoing management fees from its investment platforms, which include charges for managing SIPPs, ISAs, and o...
AJ BELL PLC Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
80
Positive
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 317.85M | 269.44M | 218.23M | 163.85M | 145.83M |
| Gross Profit | 317.85M | 269.44M | 218.23M | 163.85M | 145.83M |
| EBITDA | 142.84M | 116.61M | 90.99M | 62.60M | 59.83M |
| Net Income | 105.12M | 84.30M | 68.22M | 46.74M | 43.82M |
Balance Sheet | |||||
| Total Assets | 303.08M | 288.88M | 234.32M | 165.78M | 162.34M |
| Cash, Cash Equivalents and Short-Term Investments | 188.19M | 196.65M | 146.30M | 84.03M | 97.06M |
| Total Debt | 12.06M | 13.18M | 12.41M | 13.96M | 15.59M |
| Total Liabilities | 85.63M | 84.89M | 68.28M | 32.38M | 31.63M |
| Stockholders Equity | 217.45M | 203.99M | 166.04M | 133.39M | 130.71M |
Cash Flow | |||||
| Free Cash Flow | 84.05M | 93.34M | 99.84M | 42.62M | 44.21M |
| Operating Cash Flow | 86.48M | 96.29M | 101.41M | 46.00M | 47.75M |
| Investing Cash Flow | 4.36M | 3.96M | -1.11M | -3.38M | -6.11M |
| Financing Cash Flow | -99.31M | -49.90M | -38.03M | -52.59M | -30.97M |
AJ BELL PLC Technical Analysis
Positive
485.20
Price Trends
446.62
Positive
457.90
Positive
484.68
Positive
Market Momentum
9.41
Negative
70.15
Negative
86.36
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AJB, the sentiment is Positive. The current price of 485.2 is above the 20-day moving average (MA) of 454.62, above the 50-day MA of 446.62, and above the 200-day MA of 484.68, indicating a bullish trend. The MACD of 9.41 indicates Negative momentum. The RSI at 70.15 is Negative, neither overbought nor oversold. The STOCH value of 86.36 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:AJB.
AJ BELL PLC Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £2.40B | 20.62 | 8.35% | 3.40% | -28.04% | -102.43% | |
72 Outperform | £210.75M | 13.32 | 7.58% | 5.14% | -13.29% | 63.87% | |
72 Outperform | £1.04B | 22.35 | 23.86% | 3.11% | 7.13% | -1.52% | |
70 Outperform | £2.09B | 17.89 | 4.75% | 4.91% | 14.05% | -3.07% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £2.21B | 52.21 | -3.61% | 1.03% | 16.90% | -165.00% | |
65 Neutral | £1.92B | 21.09 | 49.89% | 2.43% | 17.97% | 25.51% |
* Financial Sector Average
GB:AJB
AJ BELL PLC
485.20
114.04
30.73%
GB:BRK
Brooks Macdonald
1,365.00
-53.08
-3.74%
GB:RAT
Rathbones Group PLC
2,030.00
653.68
47.49%
GB:JTC
JTC PLC
1,304.00
467.56
55.90%
GB:QLT
Quilter
178.90
55.25
44.68%
GB:IHP
IntegraFin Holdings PLC
313.00
40.09
14.69%
AJ BELL PLC Corporate Events
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
AJ Bell Cancels 100,000 Shares in Ongoing £50m Buyback Programme
Positive
Jan 12, 2026
AJ Bell plc has repurchased 100,000 of its ordinary shares as part of its previously announced share buyback programme of up to £50m, with the latest tranche executed through Jefferies International at a volume-weighted average price of 451.6...
Business Operations and StrategyStock Buyback
AJ Bell Cancels 100,000 Shares in Ongoing £50m Buyback
Positive
Jan 9, 2026
AJ Bell plc has repurchased 100,000 of its ordinary shares as part of its up to £50m share buyback programme launched in December 2025, paying a volume-weighted average price of 449.79 pence per share, with prices ranging between 447.60 and 4...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
AJ Bell Cancels 100,000 Shares in Ongoing £50m Buyback Programme
Positive
Jan 8, 2026
AJ Bell plc has repurchased 100,000 of its ordinary shares on 7 January 2026 through Jefferies International as part of its previously announced share buyback programme of up to £50m. The shares were bought at prices between 448.60p and 454.8...
Stock Buyback
AJ Bell Cancels 100,000 Shares as Part of £50m Buyback Programme
Positive
Jan 7, 2026
AJ Bell plc has continued to execute its previously announced share buyback programme of up to £50m, repurchasing 100,000 ordinary shares on 6 January 2026 via Jefferies International Limited at a volume-weighted average price of 454.22 pence...
Business Operations and StrategyStock Buyback
AJ Bell Cancels 100,000 Shares in Ongoing £50m Buyback Programme
Positive
Jan 6, 2026
AJ Bell has repurchased 100,000 of its ordinary shares on 5 January 2026 through Jefferies International as part of its previously announced £50m share buyback programme, paying a volume-weighted average price of 447.87 pence per share. The c...
Regulatory Filings and Compliance
AJ Bell Confirms Total Voting Rights at Year-End 2025
Neutral
Dec 31, 2025
AJ Bell plc has confirmed that as of 31 December 2025 its issued share capital comprised 400,949,956 ordinary shares, each carrying one voting right. With no shares held in treasury, the total number of voting rights in the company is equal to the...
Business Operations and StrategyStock Buyback
AJ Bell Cancels 100,000 Shares Under Ongoing £50m Buyback Programme
Positive
Dec 22, 2025
AJ Bell plc has continued to execute its previously announced share buyback programme of up to £50m, repurchasing 100,000 ordinary shares on 19 December 2025 via Jefferies International at a volume-weighted average price of 450.64 pence. The ...
Business Operations and StrategyStock Buyback
AJ Bell Cancels 100,000 Shares in Ongoing £50m Buyback
Positive
Dec 19, 2025
AJ Bell plc has repurchased 100,000 of its ordinary shares on 18 December 2025 through Jefferies International as part of its previously announced share buyback programme of up to £50m. The shares were bought at prices between 444.40p and 453...
Business Operations and StrategyStock Buyback
AJ Bell PLC Executes Share Buyback Initiative, Cancels Shares
Positive
Dec 18, 2025
AJ Bell PLC has announced the repurchase of 100,000 of its ordinary shares, as part of a £50 million buyback program initiated earlier in the month. The initiative will see these shares cancelled rather than held in treasury, resulting in a r...
Business Operations and StrategyExecutive/Board Changes
AJ Bell Corrects Deferred Share Award Notification for Senior Executives
Positive
Dec 17, 2025
AJ Bell PLC has announced corrections to an earlier release related to deferred share awards issued to several senior executives as part of its Executive Incentive Plan for FY26. The awards highlight AJ Bell’s commitment to aligning its lead...
Business Operations and StrategyExecutive/Board Changes
AJ Bell Announces Executive Deferred Share Awards for FY26
Positive
Dec 17, 2025
AJ Bell PLC announced deferred share awards for key senior executives under its Executive Incentive Plan for FY26. These allocations, covering ordinary shares traded on the London Stock Exchange, are expected to incentivize leadership performance ...
Stock Buyback
AJ Bell PLC Executes Share Buyback Program
Neutral
Dec 17, 2025
AJ Bell PLC, a company involved in financial services, has announced the purchase of 100,000 of its ordinary shares as part of a share buyback program valued up to £50 million. The shares were bought at prices ranging from 457.60 to 463.80 pe...
Business Operations and StrategyStock Buyback
AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 16, 2025
AJ Bell PLC has announced the repurchase of 100,000 of its ordinary shares as part of a share buyback program valued at up to £50 million. The shares were purchased at a volume-weighted average price of 460.33 pence and will be canceled, redu...
Business Operations and Strategy
AJ Bell Executives Show Confidence with Share Purchases
Positive
Dec 15, 2025
AJ Bell PLC has announced the purchase of ordinary shares by several of its senior executives under the Buy As You Earn (BAYE) scheme. This transaction, conducted on the London Stock Exchange, involved key personnel such as the Chief Technology C...
Stock Buyback
AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 15, 2025
AJ Bell PLC has executed a share buyback program, acquiring 265,112 of its ordinary shares at an average price of 464.33 pence per share. This move, part of a £50 million buyback initiative, will see the purchased shares canceled, reducing th...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
AJ Bell PLC Publishes 2025 Annual Report and Announces AGM
Neutral
Dec 12, 2025
AJ Bell PLC has released its Annual Report and Financial Statements for the fiscal year ending 30 September 2025, alongside the Notice of its Annual General Meeting (AGM) scheduled for 4 February 2026. The documents are available for shareholders ...
Business Operations and StrategyStock Buyback
AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 12, 2025
AJ Bell PLC has announced the purchase of 100,000 of its ordinary shares as part of a £50 million share buyback program. The shares, bought through Jefferies International Limited, will be canceled, reducing the company’s total number o...
Business Operations and StrategyStock Buyback
AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 11, 2025
AJ Bell PLC, a financial services company, has announced the purchase of 100,000 of its ordinary shares as part of a £50 million share buyback program. The shares were bought at a volume-weighted average price of 485.50 pence and will be canc...
Business Operations and StrategyExecutive/Board Changes
AJ Bell PLC Announces Executive Share Transactions
Neutral
Dec 10, 2025
AJ Bell PLC has announced several transactions involving its senior management team, including the acquisition and sale of ordinary shares as part of the AJ Bell Executive Incentive Plan. These transactions, conducted by key figures such as the Ch...
Stock Buyback
AJ Bell PLC Executes £50 Million Share Buyback
Positive
Dec 10, 2025
AJ Bell PLC, a financial services company, has executed a share buyback program, purchasing 100,000 of its ordinary shares at an average price of 492.25 pence per share. This initiative, part of a £50 million buyback scheme, aims to enhance s...
Stock Buyback
AJ Bell Concludes Share Buyback, Initiates New Program
Neutral
Dec 9, 2025
AJ Bell PLC has completed a share buyback program announced in May 2025 and initiated a new one as of December 2025, purchasing 254,000 ordinary shares at an average price of 490.52 pence each. The company plans to cancel these shares, reducing th...
Business Operations and StrategyStock Buyback
AJ Bell PLC Announces Share Buyback Program to Enhance Shareholder Value
Positive
Dec 8, 2025
AJ Bell PLC has announced the purchase of 227,876 of its ordinary shares as part of a share buyback program, with plans to cancel these shares to reduce the total number of shares in circulation. This move is part of a larger strategy to enhance s...
Business Operations and StrategyStock Buyback
AJ Bell PLC Advances Share Buyback Strategy
Positive
Dec 5, 2025
AJ Bell PLC has announced the purchase of 182,642 of its ordinary shares as part of a £25 million share buyback program. This move is part of a broader strategy to enhance shareholder value, with plans to initiate an additional £50 milli...
Other
AJ Bell Executives Increase Stake with Share Purchases
Positive
Dec 4, 2025
AJ Bell PLC announced transactions involving the purchase of ordinary shares by key executives, including the Chief Financial Officer, Chief Technology and Customer Services Officer, and Chief Risk Officer. These transactions, conducted on the Lon...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
AJ Bell Reports Record Financial Growth and Expands Shareholder Returns
Positive
Dec 4, 2025
AJ Bell PLC has reported record financial performance for the year ended 30 September 2025, with an 18% increase in revenue to £317.8 million and a 22% rise in profit before tax to £137.8 million. The company has seen significant growth ...
Regulatory Filings and Compliance
AJ Bell PLC Updates Total Voting Rights
Neutral
Nov 28, 2025
AJ Bell PLC announced that as of 28 November 2025, its issued share capital consists of 402,422,954 ordinary shares, each carrying one vote, with no shares held in Treasury. This update is crucial for shareholders to calculate their voting rights ...
Executive/Board Changes
AJ Bell Announces Board Changes: Evelyn Bourke to Step Down
Neutral
Nov 26, 2025
AJ Bell PLC has announced a significant change in its board structure, with Evelyn Bourke stepping down as Senior Independent Director effective February 2026. Fiona Fry, currently the Chair of the Risk and Compliance Committee, will assume the ro...
Other
AJ Bell Executives Increase Stake in Company Through Share Purchase
Positive
Nov 17, 2025
AJ Bell PLC announced that several of its senior executives and a closely associated person have purchased ordinary shares under the company’s Buy As You Earn scheme. This transaction reflects a positive signal of confidence from the managem...
Stock Buyback
AJ Bell Executes Share Buyback, Cancels Shares
Neutral
Nov 4, 2025
AJ Bell PLC, a financial services company, has executed a share buyback program, purchasing 71,899 of its ordinary shares through Jefferies International Limited. This move is part of a £25 million buyback initiative announced earlier in the ...
Business Operations and StrategyM&A Transactions
AJ Bell Completes Sale of Non-Platform Business to InvestAcc
Positive
Nov 3, 2025
AJ Bell PLC has completed the sale of its Platinum SIPP and SSAS business to InvestAcc Group Limited for up to £25 million. This transaction, involving the transfer of 3,400 customers and £3.3 billion in assets, allows AJ Bell to simplif...
Stock Buyback
AJ Bell PLC Advances £25 Million Share Buyback Program
Positive
Nov 3, 2025
AJ Bell PLC has executed a share buyback program, purchasing 73,028 of its ordinary shares at an average price of 540.07 pence per share. This move is part of a larger £25 million buyback initiative announced earlier in May 2025. The company ...
Regulatory Filings and Compliance
AJ Bell PLC Updates Share Capital and Voting Rights
Neutral
Oct 31, 2025
AJ Bell PLC announced that as of 31 October 2025, its issued share capital consists of 402,862,080 ordinary shares, each carrying one vote, with no shares held in Treasury. This update is crucial for shareholders to determine their voting rights a...
Stock Buyback
AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value
Positive
Oct 31, 2025
AJ Bell PLC, a financial services company, has announced the purchase of 73,380 of its own ordinary shares as part of a share buyback program valued at up to £25 million. This strategic move is aimed at reducing the number of shares in circul...
Business Operations and StrategyStock Buyback
AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value
Positive
Oct 30, 2025
AJ Bell PLC, a company involved in financial services, has announced the purchase of 74,838 of its ordinary shares as part of a £25 million share buyback program. The shares were bought at prices ranging from 545.50 pence to 553.50 pence and ...
Stock Buyback
AJ Bell Executes Share Buyback, Reduces Share Count
Neutral
Oct 29, 2025
AJ Bell PLC has executed a share buyback program, purchasing 78,250 of its ordinary shares through Jefferies International Limited. This move is part of a £25 million buyback initiative announced earlier in the year. The purchased shares will...
Stock Buyback
AJ Bell PLC Executes Share Buyback Program
Neutral
Oct 28, 2025
AJ Bell PLC has executed a share buyback program, purchasing 67,731 of its ordinary shares at a volume-weighted average price of 555.26 pence per share. This move is part of a broader £25 million buyback initiative announced earlier in the ye...
Business Operations and StrategyStock Buyback
AJ Bell PLC Executes Share Buyback, Cancels Shares
Neutral
Oct 27, 2025
AJ Bell PLC, a financial services company, announced the purchase of 70,712 of its own ordinary shares as part of a £25 million share buyback program. The shares were bought at prices ranging from 539.50 to 546.00 pence and will be canceled, ...
Stock Buyback
AJ Bell Executes Share Buyback, Cancels 69,313 Shares
Neutral
Oct 24, 2025
AJ Bell PLC has executed a share buyback program, purchasing 69,313 of its ordinary shares at a volume-weighted average price of 539.34 pence per share. This move is part of a larger £25 million buyback initiative announced earlier in the yea...
Stock Buyback
AJ Bell Executes Share Buyback to Enhance Shareholder Value
Positive
Oct 23, 2025
AJ Bell PLC has executed a share buyback program, purchasing 70,099 of its ordinary shares through Jefferies International Limited. This move, part of a £25 million buyback initiative announced earlier in the year, aims to enhance shareholder...
Business Operations and StrategyFinancial Disclosures
AJ Bell Reports Record Growth and Customer Increase Amid Market Uncertainty
Positive
Oct 23, 2025
AJ Bell PLC reported a strong year-end performance with a 19% increase in customer numbers, reaching 644,000, and a record £103.3 billion in assets under administration. The company saw significant growth in both its advised and D2C platforms...
Stock Buyback
AJ Bell PLC Executes Share Buyback, Cancels Shares
Neutral
Oct 22, 2025
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...
Stock Buyback
AJ Bell PLC Executes Share Buyback Program
Positive
Oct 21, 2025
AJ Bell PLC has executed a share buyback program, purchasing 68,976 ordinary shares at an average price of 531.61 pence per share. This move is part of a broader £25 million buyback initiative aimed at reducing the number of shares in circula...
Stock Buyback
AJ Bell PLC Advances Share Buyback Program with Recent Purchase
Positive
Oct 20, 2025
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...
Regulatory Filings and Compliance
AJ Bell CFO Executes Share Transactions for Tax Liabilities
Neutral
Oct 17, 2025
AJ Bell PLC announced a transaction involving its Chief Financial Officer, Pete Birch, who acquired and subsequently sold a portion of ordinary shares in the company. The sale was conducted to cover tax liabilities and resulted in Birch holding a ...
Stock Buyback
AJ Bell Executes Share Buyback, Cancelling 73,378 Shares
Positive
Oct 17, 2025
AJ Bell PLC, a financial services company, has executed a share buyback program, purchasing 73,378 of its ordinary shares through Jefferies International Limited. The shares were bought at prices ranging from 538.00 to 546.00 pence, with an averag...
Stock Buyback
AJ Bell Executes Share Buyback to Enhance Shareholder Value
Positive
Oct 16, 2025
AJ Bell PLC has executed a share buyback program, purchasing 73,018 of its ordinary shares at a volume-weighted average price of 545.67 pence per share. This move, part of a £25 million buyback initiative announced earlier, aims to enhance sh...
Other
AJ Bell Executives Increase Stake in Company Through Share Purchase
Positive
Oct 15, 2025
AJ Bell PLC announced that several individuals in managerial positions, as well as a person closely associated with one of them, have purchased ordinary shares under the company’s Buy As You Earn scheme. This transaction reflects the confide...
Stock Buyback
AJ Bell PLC Executes Share Buyback as Part of £25 Million Program
Positive
Oct 15, 2025
AJ Bell PLC has announced a share buyback transaction, purchasing 89,126 of its ordinary shares through Jefferies International Limited as part of a £25 million buyback program. The shares were bought at prices ranging from 539.50 to 546.50 p...
Business Operations and StrategyStock Buyback
AJ Bell PLC Executes Share Buyback to Optimize Capital Structure
Positive
Oct 14, 2025
AJ Bell PLC announced the purchase of 88,979 of its ordinary shares as part of a £25 million share buyback program. The company plans to cancel these shares, reducing the total number of shares in issue to 403,506,666, which represents the to...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.