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Begbies Traynor ( (GB:BEG) ) has shared an announcement.
Begbies Traynor Group PLC announced a market purchase of 15,896 ordinary shares as part of its share buyback program. The shares were bought at a consistent price of 120 pence each and will be held in treasury, affecting the total number of shares in issue and potentially impacting shareholder notifications under regulatory guidelines.
The most recent analyst rating on (GB:BEG) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Begbies Traynor stock, see the GB:BEG Stock Forecast page.
Spark’s Take on GB:BEG Stock
According to Spark, TipRanks’ AI Analyst, GB:BEG is a Neutral.
Begbies Traynor’s solid financial performance and positive corporate developments are offset by valuation concerns due to a high P/E ratio. The technical outlook is stable, supporting a moderately positive view.
To see Spark’s full report on GB:BEG stock, click here.
More about Begbies Traynor
Average Trading Volume: 382,708
Technical Sentiment Signal: Buy
Current Market Cap: £194.1M
Learn more about BEG stock on TipRanks’ Stock Analysis page.