UK's AJ Bell hits record high after strong annual profit growth

AJ Bell

21/05/2026 08:33

** Shares of investment platform AJ Bell AJBA.L rise as much as about 14% to a record high

** Stock atop FTSE midcaps .FTMC index

** Co reports underlying profit before tax up 15% at £79 million ($106.09 million) due to volatile markets boosting trading activity on its investment platform

** Co now expects full-year revenue margin, PBT and PBT margin to be higher than previously guided

** 6 of the 15 analysts covering the stock have a "buy" or higher rating and 9 have "hold"; median PT is 535p - data compiled by LSEG

** YTD, stock has risen ~21%

($1 = 0.7447 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com))