AJ Bell PLC -3.5% potential downside indicated by Berenberg Bank

AJ Bell PLC with ticker (LON:AJB) now has a potential downside of -3.5% according to Berenberg Bank.

AJB.L

Berenberg Bank set a target price of 410 GBX for the company, which when compared to the AJ Bell PLC share price of 425 GBX at opening today (13/08/2024) indicates a potential downside of -3.5%. Trading has ranged between 242 (52 week low) and 484 (52 week high) with an average of 817,761 shares exchanging hands daily. The market capitalisation at the time of writing is £1,809,136,224.

AJ Bell Plc is a United Kingdom-based company, which provides investment platforms. The Company provides investment administration, dealing and custody services. The Company’s products include AJ Bell Dodl, AJ Bell Investcentre, AJ Bell and Touch. AJ Bell Investcentre is a platform, offering advisers and their clients service, easy-to-use functionality and a comprehensive investment range at competitive prices. Touch by AJ Bell helps advisers to streamline their businesses with investment solutions delivered and managed digitally on their clients’ smartphones. AJ Bell has been providing products and services to make investing easy and affordable. It provides full-service and simplified platform products operating in both the advised and direct to consumer (D2C) markets. Its core products are self-invested personal pension (SIPPs), individual savings account (ISAs) and dealing accounts. Its services include Stocks & shares ISA, Lifetime ISA, Junior ISA, Cash savings hub and others.