Broker Recommendations
Jefferies downgrades AJ Bell after share price rally
By Michele Maatouk
Date: Friday 03 May 2024
(Sharecast News) - Jefferies downgraded its stance on AJ Bell on Friday to 'hold' from 'buy' after a circa 30% rally in the shares this year.
The bank also made a 3% reduction to its FY24 earnings forecast and cut its price target on the stock to 361p from 390p.
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