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Birmingham Post
Birmingham Post
Business
Jon Robinson

Shares in AJ Bell 'undervalued' after revenue and profits surge revealed

AJ Bell Panmure Gordon

Shares in AJ Bell have been described as "materially undervalued" by analysts after the company revealed its half-year results.

The Salford-headquartered business has posted a revenue of £103.6m for the six months to the end of March 2023, up from £75.5m, while its pre-tax profits went from £26.1m to £41.9m.

Off the back of the results, experts at Panmure Gordon have urged investors to snap up shares in AJ Bell.

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