AJ Bell shares higher after broker ups price target
AJ Bell Plc ticked up Thursday, with shares shrugging off the lack of new company headlines as a higher broker target price drew attention to ongoing customer gains at the investment platform. According to Google Finance, AJ Bell traded at 608.50p, up 0.91%, as of 11:54 BST. The company’s own delayed feed showed a 607p sell and 608p buy, a rise of 4p or 0.66% from the last close at 603p. AJ Bell edged higher, a small move but notable since the stock is up near the high end of its recent range, not bouncing from lows. Market cap sits around £2.4 billion and the P/E is about 20. Shares have traded between 414.40p and 651.34p in the last year.