Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ) has issued an announcement.
Baillie Gifford European Growth Trust plc has repurchased 140,000 of its own ordinary shares at 110.31p per share, with the shares to be held in treasury rather than cancelled. Following this transaction, the trust now holds 99,138,323 shares in treasury and has 303,305,367 shares in issue excluding treasury holdings, a figure shareholders are advised to use when assessing whether they must disclose changes to their holdings under FCA transparency rules, highlighting the ongoing use of buybacks and treasury management as tools in the trust’s capital and discount control strategy.
The most recent analyst rating on (GB:BGEU) stock is a Buy with a £118.00 price target. To see the full list of analyst forecasts on Baillie Gifford European Growth Trust PLC GBP stock, see the GB:BGEU Stock Forecast page.
Spark’s Take on GB:BGEU Stock
According to Spark, TipRanks’ AI Analyst, GB:BGEU is a Neutral.
The overall stock score of 55 reflects a balanced view of Baillie Gifford European Growth Trust PLC GBP. The most significant factor is the mixed financial performance, with strong profitability but concerns over revenue decline and cash flow volatility. Technical analysis provides a slightly positive outlook, while valuation indicates moderate pricing. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:BGEU stock, click here.
More about Baillie Gifford European Growth Trust PLC GBP
Baillie Gifford European Growth Trust plc is a UK-listed investment trust focused on European equities, seeking long-term capital growth by investing in a portfolio of European companies. Managed by Baillie Gifford, it offers investors exposure to European growth opportunities through a closed‑ended fund structure.
Average Trading Volume: 446,145
Technical Sentiment Signal: Buy
Find detailed analytics on BGEU stock on TipRanks’ Stock Analysis page.