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An update from Begbies Traynor ( (GB:BEG) ) is now available.
Begbies Traynor Group PLC, a company listed on the London Stock Exchange’s AIM, has executed a share buyback program, purchasing 100,000 ordinary shares at prices ranging from 123 to 126 pence per share. These shares will be held in treasury. Additionally, the company transferred 71,951 shares from treasury to satisfy staff share options and issued 23,967 new shares under an existing block listing. This transaction adjusts the total number of shares in issue to 159,377,358, excluding treasury shares, which stakeholders can use to determine their shareholding interests.
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: 485,986
Technical Sentiment Signal: Buy
Current Market Cap: £198.5M
For an in-depth examination of BEG stock, go to TipRanks’ Overview page.